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Mortgage Blog
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Mortgage BrokerYEG
Feb 1, 20242 min read
Bank of Canada holds interest rates and drops rate-hike bias
January 24, 2024 The Bank of Canada held its key interest rate at 5.00%, meaning no change in rates for existing variable-rate mortgage...
Mortgage BrokerYEG
Jan 5, 20243 min read
The mortgage market: a 2023 recap and glimpse into 2024
As we ring in the new year, I want to wish you and your friends and family a Happy New Year, full of good health and prosperity. Now that...
Mortgage BrokerYEG
Dec 4, 20232 min read
Canada’s labour market posts big gain in November
The country’s labour market held up better than expected in November, with nearly 25,000 net new jobs created. The employment gains...
Mortgage BrokerYEG
Nov 22, 20232 min read
Easing inflation has likely “closed the door” to further rate hikes
Canada’s headline inflation rate eased more than expected in October, likely shutting the door to any further immediate rate hikes,...
Mortgage BrokerYEG
Nov 7, 20233 min read
Your mortgage renewal and rising rates: what you should know
Mortgage renewals is a topic that has garnered a fair bit of media attention recently. And for good reason. Those facing a mortgage...
Mortgage BrokerYEG
Oct 31, 20233 min read
Is the Bank of Canada finally done hiking rates?
As was widely expected, the Bank of Canada delivered a second consecutive rate hold today, leaving its key benchmark rate at 5.00%. That...
Mortgage BrokerYEG
Oct 12, 20232 min read
Canadian economy added 64,000 jobs in September
The Canadian economy added a more-than-expected 64,000 jobs in September while the unemployment rate held steady, according to data...
Mortgage BrokerYEG
Sep 13, 20231 min read
Canadian economy added nearly 40,000 jobs in August
The Canadian economy added a more-than-expected 39,900 jobs in August, according to data released this morning from Statistics Canada....
Mortgage BrokerYEG
Sep 13, 20232 min read
Good news for variable-rate borrowers as Bank of Canada leaves rates on hold
Variable-rate mortgage borrowers who have seen their rates skyrocket over the past year and a half received a reprieve today as the Bank...
Mortgage BrokerYEG
Aug 25, 20231 min read
Alberta Housing Report July 2023
I WAIT for these reports to come out! Read and enjoy! Nikole Rolof Edmonton Mortgage Broker www.brokeryeg.com
Mortgage BrokerYEG
Aug 15, 20233 min read
Home Loan Pre-Approval: Why It Matters and How to Get It
Image by Freepik Hey there, future homeowners! If you're in the market for a new home, there's one very important step you shouldn't...
Mortgage BrokerYEG
Aug 1, 20232 min read
Unravelling the benefits of choosing a mortgage broker
One of the first big decisions prospective homebuyers face is how they plan to obtain their mortgage. Should they work with their bank,...
Mortgage BrokerYEG
Jul 29, 20232 min read
Canadians are boosting savings amid economic concerns
Canadians aren’t taking any chances when it comes to their financial future as they prepare for the possibility of a forthcoming...
Mortgage BrokerYEG
Jul 10, 20232 min read
Are we finally nearing the end of this rate-hike cycle?
Interest rates are front and centre these days, and for good reason. Despite a two-meeting rate pause by the Bank of Canada, the central...
Mortgage BrokerYEG
Jun 12, 20231 min read
What was the history of mortgage rates like in 1980?
Amazing to look back! Thanks for checking this out. Nikole Rolof YEG Mortgage Broker TMG The Mortgage Group nikole@brokeryeg.com...
Mortgage BrokerYEG
May 18, 20232 min read
Mortgage consumers benefit from professional guidance and support: CMHC
The homebuying process can be overwhelming for anybody, but even more so for first-time homebuyers. But whether for a first-time home...
Mortgage BrokerYEG
May 3, 20233 min read
How to prepare your home for the upcoming spring home buying market
The longer days and warmer temperatures of spring herald an awakening not only in nature, but typically also in the country’s housing...
Mortgage BrokerYEG
Apr 24, 20231 min read
April 2023 - Overview of Alberta Housing Market
To see all of Canada/other Canadian provinces: click here Any questions, always happy to help :) Nikole Rolof TMG The Mortgage Group...
Mortgage BrokerYEG
Apr 20, 20232 min read
Insured, insurable and uninsured mortgages…what’s the difference?
If you’ve spent any amount of time researching mortgage rates, you’ll likely have seen references to these types of products: insured,...
Mortgage BrokerYEG
Apr 5, 20232 min read
Coming soon: Canada's new Tax-Free First Home Savings Account. Here's what you need to know.
If you’re a first-time buyer (or know somebody who is), you may be interested in knowing more about Canada’s brand new Tax-Free First...
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