5 Year Fixed 3.09%

5 Year Variable 2.95%

Current Mortgage News

Following a sharp decline in February, Canadian home sales edged up 0.9% month-over-month in March according the monthly report from The Canadian Real Estate Association (CREA).

Frank Napolitano of Mortgage Brokers Ottawa joined industry professionals at Queens Park this week to discuss changes and the proposed changes in the 2019 federal budget.

Despite stress tests and house prices, most Canadians still aim to own rather than rent.

Sometimes getting full asking price is actually LESS than what you deserve. Paul breaks down agent due diligence. Frank goes through some of the issues facing pre-qualified firs time buyers in the current market. All this and more on this week’s edition of Open House: The Real Estate and Mortgage Show

According the Ottawa Real Estate Board (OREB), spring sales have seen a decrease year over year while prices are on the rise.

The time to break into the market is now! Steve, Frank and Paul break down some of the latest numbers.

We way in on the recently announced industry changes from the Federal Budget Plan 2019.

Frank and Paul talk about the proposed mortgage changes announced last week and the state of the current real estate market. They missed Steve for only the second time in 12 years as he celebrated the life of his father, Leo, who passed away March 14th.

The Federal Government has announced the new budget which contains measures to address affordable housing across Canada. The finance department anticipates legislation for the new program will pass in time for a September launch.

Frank and Paul break down the realtor advantage and what you gain when you list with professionals rather than by yourself.

Announced this morning, the Bank of Canada has opted to maintain the overnight interest rate at 1.75%.

Canadian home ownership rates have continued to be among the highest in the world, despite affordability and stress test concerns.