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Groupe hypothécaire Expert Mortgage Group || September 16, 2024

CMHC Mortgage Cap Raised to $1.5M, 30-Year Amortizations Expanded

The federal government today announced some sweeping changes to Canada's mortgage system in an effort to improve housing affordability and access. One of the key changes...

Groupe hypothécaire Expert Mortgage Group || September 04, 2024

Bank of Canada cuts policy rate to 4.25%

The Bank of Canada has dropped its policy rate to 4.25%, cutting it by 25 basis points this morning. This marks the third consecutive rate reduction by the central bank this year,...

Groupe hypothécaire Expert Mortgage Group || September 03, 2024

Switching your mortgage: Is it right for you?

Switching your mortgage: Is it right for you?When your mortgage term comes to an end, you may be faced with the question: should I stay with my current lender, or should I explore other options?This...

Groupe hypothécaire Expert Mortgage Group || August 20, 2024

Inflation continued to ease in July

Canada's headline inflation rate slowed to a pace of 2.5% in July, Statistics Canada reported. The reading was in line with expectations and was down from June's headline figure of 2.7%. The...