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Groupe hypothécaire Expert Mortgage Group || September 15, 2023

Real estate activity continued to ease in August

Sales of existing homes continued to moderate in August following the Bank of Canada’s latest interest rate hikes in June and July. Sales fell 4.1% from July and are now 10% below their pre-pandemic...

Groupe hypothécaire Expert Mortgage Group || September 12, 2023

Understanding mortgage default insurance in Canada

Understanding mortgage default insurance in CanadaIf you are currently in the market for a mortgage, you should be familiar with the term “mortgage default insurance.”For those who aren’t or if you...

Groupe hypothécaire Expert Mortgage Group || September 08, 2023

Canadian economy added nearly 40,000 jobs in August

The Canadian economy added a more-than-expected 39,900 jobs in August, according to data released this morning from Statistics Canada. The employment gains consisted of an increase of 32.2k...

Groupe hypothécaire Expert Mortgage Group || September 07, 2023

Good news for variable-rate borrowers as Bank of Canada leaves rates on hold

Variable-rate mortgage borrowers who have seen their rates skyrocket over the past year and a half received a reprieve today as the Bank of Canada announced a rate hold. That leaves the bank's...