Big News for Homebuyers in Canada!
Inflation has dropped to 2.0%! This could mean lower mortgage rates are on the way!
New Mortgage Rules: The government is introducing 30-year mortgages for first-time buyers and increasing the price cap for insured mortgages to $1.5M. More flexibility for homebuyers!
U.S. Retail Sales Update: Strong numbers could affect tomorrow’s Fed rate cut decision. Will it be 50 or 25 bps?
Housing Starts: Canada’s new builds have slowed down. Could this stabilize home prices?
Let’s talk about how these changes might affect your mortgage plan!