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Current Mortgage News

Jennifer Anderson from Advanced Mortgage Investment Corporation joins Steve Gregory, Frank Napolitano, and Paul Rushforth discussing the latest in Mortgages and Real Estate.

What We're Reading: Recent statistics about commercial and retail real estate in Ottawa.

What We're Reading: CREA statistics show year-over-year resale price growth in Ottawa.

Ottawa's year-over-year unemployment rate decreased by 1.5% to sit at 4.2% while housing starts increased by 27.4% in Q2.

With rising interest rates and rising house prices, some home buyers wonder if not is the right time to buy, or if they should “wait out” the market for a period of time. The real questions may be, can you afford to wait?

According to a report released by the Ottawa Real Estate Board, sales of homes for May 2018 topped 2,279. These sales included 485 condominium properties and 1,794 residential.

And it’s more good news for the Ottawa housing market.

Highlights from Genworth Canada's Ontario Regional Risk Report for February 2018 plus CBRE's Canadian Market Outlook for 2018.

The Bank of Canada has maintained the key interest rate target at 1.25% in light of recent trade policy developments.

With the Toronto and Vancouver markets making waves in the headlines over the last few years, it's now Ottawa’s turn for the real estate spotlight.

The Financial Accountability Office of Ontario has released their report detailing their findings on the Ontario household debt load.

National Bank of Canada economists Stéfane Marion and Matthieu Arseneau have published a report that takes a deep dive into the typical Canadian household's debt and income levels and find that the reality is not as dire (when compared to our counterparts south of the border) once the typical Canadian's health care costs are added back.