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Kevin Mroczek || December 09, 2017

Higher rates could spell comeback for five-year mortgages

Hi everyone, here is a great example of mixed messages that are in the market about increased interest rates. My post prior to this article suggested the Canadian economy was cooling which would...

Kevin Mroczek || December 08, 2017

'Rip-roaring pace' is over: Canadian economy slows in third quarter

I'm sure you are thinking what is going on? All you have probably been hearing about is how strong our Canadian economy is and the fear of interest rate hikes. Here is an article that may suggest...

Kevin Mroczek || December 07, 2017

CMHC: Half Of Canada's Mortgage Loan Business Has Vanished, And It's A 'New Normal'

It's a result of the newmortgage rulesannounced by the federal government in the fourth quarter of 2016. TORONTO — Canada's national housing agency said Wednesday that the 47 per cent decline in the...

Kevin Mroczek || December 06, 2017

Over a third of Canadians have no idea about new mortgage rules changes, but are planning on buying a home anyway

Interested in finding out how or if the Mortgage rules will effect you? Call me today for a free consultation.Yesterday, the Bank of Canada reported that new mortgage rules, set to take effect on...