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Groupe hypothécaire Expert Mortgage Group || June 07, 2024

May employment growth fuelled by part-time positions

The Canadian economy continued to see a net rise in new jobs created last month, however all of the gains consisted of part-time positions. Statistics Canada reported today that the...

Groupe hypothécaire Expert Mortgage Group || June 05, 2024

What does today’s Bank of Canada rate cut mean for borrowers?

What does today's Bank of Canada rate cut mean for borrowers? Today's decision by the Bank of Canada to lower its key lending rate by a quarter point to 4.75% is welcome news for...

Groupe hypothécaire Expert Mortgage Group || June 04, 2024

Variable rate mortgages are back in the spotlight

Variable rate mortgages are back in the spotlightWith the Bank of Canada expected to start cutting interest rates in the second half of 2024, variable-rate mortgages are back in the spotlight. But...

Groupe hypothécaire Expert Mortgage Group || May 31, 2024

Economists: Q1 GDP Growth Slump Strengthens Case for June Rate Cut

The Bank of Canada now has more reason to pull the trigger on a rate cut when it meets next week following the release of Q1 GDP data. Data released by Statistics Canada on Friday showed...