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Housing market continues to moderate in June

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down between May and June 2021. Home sales recorded over Canadian MLS® Systems fell by 8.4% month-over month in June 2021, marking the third straight monthly...

How to tell between a real CRA call and a scam

(NC) Many of us have heard of scammers pretending to be from the Canada Revenue Agency. You may have even received a call or email yourself. But how do you know what you can trust? Avoiding this common scam is easier when you know what the agency will and won’t do....

Home prices accelerate in February

In February the Teranet–National Bank National Composite House Price IndexTM was up 0.5% from the previous month, an acceleration from the January increase after three consecutive months of slowing. The advance was led by four of the 11 constituent markets: Halifax...

5 ideas for families to make the most of staying home this March Break

(NC) Due to current travel restrictions, families will be spending March Break at home. One way to keep your kids busy is by making personal finance a group activity. Research shows that young people who discuss money matters with their parents have higher financial...

Record December caps record year for Canadian home sales

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another all-time record in December 2020. Home sales recorded over Canadian MLS® Systems jumped by 7.2% between November and December to set another new all-time...

Mortgage Deferral Agreements and Their Impact

CMHC's Fall 2020 Residential Mortgage Industry Dashboard discusses mortgage deferral agreements and their impact. At the end of the second quarter, credit unions, mortgage finance companies (MFCs) and mortgage investment entities (MIEs) have allowed mortgage deferral...

Canadian housing markets set multiple records in July 2020

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings continued to rebound in July 2020, with new listings hitting their highest level on record for the month of July, while sales posted the highest level of...

Employment continues to rebound in July

From February to April, 5.5 million Canadian workers were affected by the COVID-19 economic shutdown. This included a drop in employment of 3.0 million and a COVID-related increase in absences from work of 2.5 million. Employment rose by 419,000 (+2.4%) in July,...

Canadian home sales and new listings up again in June

Home sales recorded over Canadian MLS® Systems in June 2020 rebounded by a further 63%, returning them to normal levels for the month – some 150% above where they were in April. Transactions were once again up on a m-o-m basis across the country. Among Canada’s...

Find a mortgage that works best for you

Is your current mortgage up for renewal? Are you looking for additional funds? Or maybe buying the home of your dreams? Get a mortgage that not only meets your unique requirements, but also helps you get ahead by being more “debt effective”.