via www.theglobeandmail.com There’s just one reason for the strength of Canada’s housing market – low, stable mortgage rates. Rates are still low, but the stable part is in question after Royal Bank of Canada announced a small but still significant round of mortgage rate increases that will take effect Friday. Other banks will likely adjust (…) Continue Reading →
Archive | 2016
Jan
11
Saskatoon Mortgage Broker shares article on Royal Bank of Canada’s raise in mortgage rates
via www.theglobeandmail.com Royal Bank of Canada is set to raise rates on several of its mortgages, the latest in a series of changes to the mortgage industry that could help cool the housing market this year. To read the entire article click here
Jan
08
Saskatoon Mortgage Broker Shares Article – Saskatoon to experience housing ‘correction’ in 2016: Conference Board
A new report indicates “negative expectations” for Saskatoon’s housing market in the short and long term, but it is “not a big negative,” according to a Conference Board of Canada economist. To read more of the article from the Star Pheonix click here