The 2.77% mortgage rate is back! Butler unveiled their record low rate once again on Friday. Will more lenders follow suit with record breaking lows?
It’s been a week of updates from the real estate boards of Toronto and Vancouver. Let’s take a look at the current conditions in Canada’s two largest markets, which may be a good indicator of where Canada’s market (and mortgage rates) are headed.
Each week there seems to be another release surrounding the fate of the Canadian real estate market … is there a bubble and will it burst? And what about those CMHC changes and the hurdle that first time home buyers are faced with?
The latest industry numbers from CREA and TREB are out this week, and they all point to a cooling housing and mortgage market across Canada.
This week on Money Wise, we’re all about sharing our favourite shopping tips and tricks. After all, who doesn’t love to score a fantastic deal for less? Heck, some people will even leave the country for their smart shopping fix.