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RBC Increases Mortgage Rates, Slightly

On Friday, RBC increased their advertised mortgage rates by 0.10%. CBC had an interview with the CEO of True North Mortgage, Dan Eisner, to see if they could shed some light on the increase and get a bit more information on what’s happening in the industry. While the hike seems to be driving a lot […]

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Housing starts in Canada ended 2015 at a slower pace than expected

The below news release was published by Craig Wong from The Canadian Press. We are getting many reports of 2015 numbers coming in below expectations, which is mainly due to a decrease in oil prices driving down many markets including Calgary and Toronto. Combining this with the tightening mortgage rules implemented this year and it’s […]

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