Mortgages For Less BLOG
Latest Updates & News
We do the research, and keep track of market trends so you don’t have to. By providing our customers with the most up to date information possible we help them to make informed buying decisions.
Latest Post
August Inflation Data and Mortgage Rates
Discover the impact of Canada’s August 2023 4.0% inflation on mortgages. Rising rates and housing market shifts examined. Stay informed for financial decisions.
Older Posts
Bank of Canada Governor Speaks in Calgary
Explore Governor Tiff Macklem’s insights on interest rate changes and inflation’s impact on Calgary mortgages in this informative article. Stay informed for smart financial decisions
Mortgage Minute 27: Bank of Canada Holds Rates Steady
The BOC Holds Rates Steady As expected, the bank of Canada held its interest rate today after increasing back in July.I know that sometimes it feels like the interest rates are not going to stop...
Discussing the Rate Announcement with Realtor Jay Lewis
Right after the September 6, 2023 Rate Announcement by the Bank of Canada, Josh Tagg with Mortgages for Less and Jay Lewis with ReMax Excellence in Edmonton got together to discuss this...
30 Year Mortgage Amortizations
Discover the possibilities of 30-year mortgage amortizations in Canada. Explore options, advantages, and the potential return of extended terms for your home financing needs.
Desjardins: Canada May Enter Recession until 2024
Discover Desjardins Bank’s Insights: Canada’s Looming Recession and Global Economic Risks. Explore key findings, recession predictions, and financial forecasts in this comprehensive analysis. Stay informed about the economic landscape.
Are Interest Rates about to DROP?
Canada’s 5-year bonds drop below 4%, impacting mortgage rates. US economic indicators show job market strain. Bank of Canada rate hike prospects scrutinized ahead of GDP data release.
Alberta Housing Market: July 2023
The Alberta housing market displayed resilience with record July sales, stable prices in Calgary, and supply-demand dynamics, influenced by economic sector shifts, reflecting optimism and growth.
Canada’s 5-Year Bond Rate Surpasses 4%: Implications for Fixed Rate Mortgages
Canada’s 5-year bond rate surpasses 4%, triggering fixed mortgage rate increases, impacting borrowers and buyers, and prompting uncertainty about the Bank of Canada’s actions.
Canada’s July Inflation Surges Past Expectations, Reaching 3.3%
Canada’s July inflation exceeded predictions at 3.3%, sparking discussions about bond market impacts and the Bank of Canada’s September rate decision amid contrasting economic signals.
Mortgage Rates Likely to Stay High Until 2025
Former Bank of Canada Governor David Dodge’s insight on prolonged elevated interest rates signals significant impacts on mortgages and real estate. Navigating this landscape demands strategic financial planning and adaptability.