Andre Metivier - Mortgage Broker

Andre Metivier || August 01, 2024

Latest GDP numbers: What they mean for the Bank of Canada's next rate decision

It's been a little over a week since the Bank of Canada delivered its second consecutive rate cut, but markets are already looking ahead to the next rate decision in September. This week,...

Andre Metivier || July 17, 2024

Slowing inflation raises Bank of Canada rate cut expectations

Canada's headline inflation rate slowed more than expected to a pace of 2.7% in June, according to new figures from Statistics Canada. That's down from May’s reading of 2.9% and reverses an...

Andre Metivier || July 13, 2024

Banks are expecting a wave of mortgage defaults: Economists say a credit crunch could hurt us all

A summary of the Toronto Star Article published July 13th 2024Author: Clarrie Feinstein, Business ReporterThe mortgage crisis has hit Toronto homeowners hard. Household debt is near record levels, and...

Andre Metivier || July 12, 2024

Canadian housing market activity picked up in June

The Canadian housing market saw a modest increase in home sales in June, according to the latest report from the Canadian Real Estate Association (CREA). Home sales in Canada rose by 3.7% in June...