Steve Roy - Mortgage Broker

Steve Roy || September 15, 2023

Real estate activity continued to ease in August

Sales of existing homes continued to moderate in August following the Bank of Canada’s latest interest rate hikes in June and July. Sales fell 4.1% from July and are now 10% below their pre-pandemic...

Steve Roy || September 08, 2023

Canadian economy added nearly 40,000 jobs in August

The Canadian economy added a more-than-expected 39,900 jobs in August, according to data released this morning from Statistics Canada. The employment gains consisted of an increase of 32.2k...

Steve Roy || September 07, 2023

Good news for variable-rate borrowers as Bank of Canada leaves rates on hold

Variable-rate mortgage borrowers who have seen their rates skyrocket over the past year and a half received a reprieve today as the Bank of Canada announced a rate hold. That leaves the bank's...

Steve Roy || August 21, 2023

Canada set to grow in different ways

The Canadian economy is poised to grow again, but in a very different way according to the Bank of Canada’s (BoC) recently-released Monetary Policy Report. The BoC expects global economic growth to...