Canada’s housing market has been a source of concern as prices and consumer debt levels continue to climb, driven by years of low interest rates. After two rate cuts this year in response to cheap oil, the Bank of Canada has faced criticism it risks fueling the hot housing market. To read the full article (…) Continue Reading →
Archive | December, 2015
Dec
22
Saskatoon Mortgage Broker shares article on America’s interest rate hike
The rate hike is a small one, but it will affect millions of Americans, including investors, home buyers and savers. Savers should eventually see a little more interest on their deposits at the bank, but big banks didn’t make any increases Wednesday. Mortgage rates will gradually rise. To read the article and watch a related (…) Continue Reading →
Dec
21
Saskatoon Mortgage Broker shares article on 2016 bringing taller wood structures in Saskatoon
The city is expected to start permitting six-storey wood frame construction in early 2016. Saskatoon’s current building code limits structures to four storeys. To read the full article click here