February Data Bode Well For A Strong Spring Housing MarketBy Scott WestlakeMarch 18, 20240 comments#housingmarketupdate #economicoutlook ...Read more...
February Job Gains Double Forecast As Unemployment Rate Ticks UpBy Scott WestlakeMarch 11, 20240 comments#economicupdate #realestateprices #boC #housing #interestrates Today's StatsCanada Labour Force Survey for February was ...Read more...
The Bank of Canada Holds Rates Steady Until Core Inflation Falls FurtherBy Scott WestlakeMarch 6, 20240 comments#bankofcanada #interestrate #boc #variablemortgage #mortgagerates #homesales Today, the Bank of Canada held the overnight rate at 5% ...Read more...
Monthly Mortgage Newsletter - March 2024By Scott WestlakeMarch 4, 20240 comments#monthlymortgagenewsletter #mortgagenews #mortgagenewsletter ...Read more...
Still No Recession In Canada Thanks to...By Scott WestlakeFebruary 29, 20240 comments#recession #inflation #economic #update Real gross domestic ...Read more...
Mortgage Amortizations - More Options Than You Think...By Scott WestlakeFebruary 26, 20240 comments#amortization #mortgageamortization #cashflow Understanding Amortization Periods Your mortgage amortization period is a critical factor in determining the timeline for paying off your mortgage. This period significantly influences the speed at which you become mortgage-free and the amount of interest you pay over ...Read more...
Canadian Inflation Falls to 2.9% in January, Boosting Rate Cut ProspectsBy Scott WestlakeFebruary 20, 20240 comments#inflation #bankofcanada #boc #rates #mortgagerate The Consumer Price Index (CPI) rose 2.9% year-over-year in January, down sharply from December's 3.4% reading. The most significant ...Read more...
Canadian Home Sales Continued Their Upward Trend in January As Prices Fell ModestlyBy Scott WestlakeFebruary 14, 20240 comments#economicupdate #realestateprices #boC #housing #interestrates The Canadian Real Estate Association announced today that ...Read more...
January Jobs Report Dispells Recession FearsBy Scott WestlakeFebruary 12, 20240 comments#economicupdate #drsherrycooper #interestrates #boc oday's StatsCanada Labour Force Survey for January was ...Read more...
Monthly Mortgage Newsletter - Feb 2024!By Scott WestlakeFebruary 5, 20240 comments#monthlymortgagenewsletter #mortgagenews #mortgagenewsletter ...Read more...
The Bank of Canada Holds Rates Steady And Expects Rate Cuts Later This YearBy Scott WestlakeJanuary 24, 20240 comments#bankofcanada #interestrate #boc #variablemortgage #mortgagerates #homesales Today, The Bank of Canada held the overnight rate at 5% for the fourth consecutive meeting but provided an outlook suggesting that monetary easing will begin by mid-year. The Bank ...Read more...
A Bumpy Road To The Inflation TargetBy Scott WestlakeJanuary 18, 20240 comments#Boc #bankofcanada #interestrates #mortgagerates #variablerates #economy #inflation Canada's headline inflation number for December '23 moved up three bps to 3.4%, as expected, as gasoline prices didn't fall as fast ...Read more...
Canadian Home Sales Surprisingly Strong in DecemberBy Scott WestlakeJanuary 16, 20240 comments#bottomline #interestrates #mortgagerates #economicoutlook Statistics released today by the Canadian Real Estate ...Read more...
Brisk Wage Gains in December Will Keep The BoC WatchfulBy Scott WestlakeJanuary 8, 20240 comments#boc #rates #mortgagerate #economy #economicupdate Today's StatsCanada Labour Force Survey for December was ...Read more...
January Monthly Mortgage Newsletter 2024!By Scott WestlakeJanuary 2, 20240 comments#monthlymortgagenewsletter #mortgagenews #mortgagenewsletter ...Read more...
Inflation UpdateBy Scott WestlakeDecember 20, 20230 comments#inflation #bankofcanada #boc #rates #mortgagerate Inflation Held Steady In November Today's inflation report was stronger than expected, unchanged from October's ...Read more...