by Mike Horvath | May 6, 2021 | Mortgage Basics, Mortgage Rates
Shopping For A Mortgage? A Stricter Stress Test Is Likely On The Way If you’re in the market for a mortgage over the next several months, you’ll want to read on. Several new mortgage changes are coming down the pipeline that could affect your ability to qualify for a... by Mike Horvath | Mar 2, 2021 | Mortgage News, Mortgage Rates
Mortgage rates have spent the better part of the past year in near-freefall, with numerous terms setting fresh record lows. But a couple of weeks ago, rates pulled a U-turn and have been starting to climb higher ever since. And here’s why. Since the beginning of... by Mike Horvath | Jan 5, 2021 | Mortgage Basics, Mortgage News, Mortgage Rates
Earlier this year, the Canada Mortgage and Housing Corporation made a now-infamous prediction that home prices would fall by up to 18% over the course of 2020 and into 2021. Instead, prices have since risen by approximately 22% to $603,000, as of November. That... by Mike Horvath | Nov 9, 2020 | Mortgage Basics, Mortgage Rates
It’s the classic rate decision many mortgage shoppers are faced with. And it’s only been made more complicated since the start of the pandemic. Towards the latter half of 2019, variable rates were flying off the shelves with rates as low as prime – 1%. A lot has... 
