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My Mortgage Blog — Latest Posts
Julie Isaac || March 15, 2019
The Canadian economy and the housing market
We are living in strange times, economically speaking. Mortgage stress tests have slowed the housing market and may be one of the reasons the Bank of Canada has signaled it may pause on increasing...
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Julie Isaac || December 06, 2018
The Upside of Alternative and/or Unregulated Lenders
A recent report from the Bank of Canada reviewed the impact of the government's policy changes on the mortgage market. It found that overall market activity had slowed -- something we knew would...
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Julie Isaac || June 14, 2018
The BoC and Me
On May 14th the Bank of Canada’s benchmark (BoC) rate, commonly referred to as the “benchmark qualifying rate", increased from 5.14% to 5.34%. This increase was, in large part, brought on by the big 6...
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Julie Isaac || February 01, 2018
Renewals, Refinances, and the Stress Test
New Year, New Mortgage Rules The start of 2018 kicked off with the new mortgage stress test becoming effective on January 1st. The media has covered the reduction in buying power but virtually...
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