Mortgage Victoria BC

Maxx Mortgage Team || October 10, 2023

Canadian economy added 64,000 jobs in September

The Canadian economy added a more-than-expected 64,000 jobs in September while the unemployment rate held steady, according to data released this morning from Statistics...

Maxx Mortgage Team || 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...

Maxx Mortgage Team || 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...

Maxx Mortgage Team || 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...