5 Year Fixed 4.09%

5 Year Variable 4.04%

Current Mortgage News

According to the latest data released by the Ottawa Real Estate Board (OREB), residential property sales decreased 4.5% from 817 in January 2019 to 780 last month.

Since the official launch of the federal program in September 2019, a mere 4% of the 3-year goal has been funded according to new data.

The central bank has opted once again to maintain the overnight lending interest rate at 1.75% this morning, a level it has maintained for over a year.

With another year coming to an end, Ottawa real estate continued it’s upward trend with 761 residential sales in December- up 15.3% from December 2018.

Home prices across the country are slated to rise 3.2% in 2020 with Ottawa, Montreal, and Toronto taking the lead.

According to the new data released from the Ottawa Real Estate Board (OREB), the Ottawa real estate market saw another stellar month of sales in November.

Bank of Canada once again holds rates steady in announcement made Wednesday morning.

According to new data released by the Canadian Real Estate Association (CREA), following over 6 months of steady increases, October home sales continued to remain steady.

According to the newest stats released from the Ottawa Real Estate Board (OREB), October saw 1,607 properties sold compared to 1,375 in October 2018 which is an increase of over 16%.

The Bank of Canada has just announced that it will once again maintain the overnight interest rate at 1.75% which was set back in October 2018.

According to the latest report from the Canadian Real Estate Association (CREA), September home sales rose once again by 0.6% month-over-month while year-over-year, sales we up 15.5%.

As we approach the half-way mark of campaign season for the upcoming federal election this month, Mortgage Professionals Canada has gathered the latest campaign pledges from the major political parties.