Should I Wait for Mortgage Rates to Drop Before Buying a Home?

I’ve seen a lot of posts lately on social media talking about waiting for mortgage rates to drop before buying a home. Or conversely, NOT waiting for mortgage rates to drop before buying a home. The typical argument, when it comes from an interested party, such as a real estate agent or loan officer, is […]
Rate hold means status quo for Canada’s struggling housing market: experts

By Sammy Hudes Wednesday’s announcement marked the first time the central bank has left the benchmark rate unchanged following seven consecutive cuts since June. Ratesdotca mortgage and real estate expert Victor Tran said the current economic environment is not inspiring consumer confidence in large purchases, such as a mortgage on a home, and the Bank […]
Mortgage Rates Appear to Be Falling as Recession Fears Rise

As always, it’s been hard to determine the path forward for mortgage rates. They’re never easy to predict, but since the new administration took over, it’s been even harder. You can blame it on a few things, whether it’s the DOGE-led government layoffs, the tariffs and wider trade war, or the general uncertainty of it […]
Have a side hustle? Here’s what you need to know as tax filing deadlines draw near

By Sammy Hudes No matter the side hustle, financial experts say it’s important to be aware of the rules surrounding your income declaration, especially as key deadlines for tax-filing season approach. Misconceptions are common among self-employed workers — often those with side gigs — when it comes to rules for filing taxes, said Yannick Lemay, […]
Fannie Mae Now Expects Mortgage Rates to Be 30 Basis Points Lower By Year End

The latest mortgage rate forecast from Fannie Mae is a good one, assuming you’re a prospective home buyer or an existing homeowner. The government-sponsored enterprise (GSE) lowered their forecast pretty dramatically from a month earlier. They now expect the 30-year fixed to be a full 30 basis points lower by the end of 2025. And […]
How to keep your home after separation—even if you don’t qualify alone

If this sounds like you, you’re not alone. I recently worked with a client facing exactly this situation. She and her husband were separating on good terms, and she really wanted to buy him out and stay in the home—not just for her own peace of mind, but to minimize disruption for her kids. But […]
Mortgage Rates Can Change In an Instant

If you’ve been paying attention to mortgage rates lately, you might be wondering what on earth is going on. Mortgage rates appeared to be heading back toward the low 6s before abruptly shifting back toward 7%. It all took place in the span of a day or two, compounding the matter further. In fact, Monday […]
Opinion: TD’s new tool is a win for brokers—if we choose to see it that way

I think the word of the year in broker channel for 2024 was ‘Parity.’ I heard it almost monthly: on lender calls, in Facebook forums, on lender panels, at dinners with execs, in team meetings. I myself grilled two bank reps on stage about it at our team’s fall summit in September. The broker channel […]
Mortgage Rates Back Below 7%, But Don’t Expect Any Huge Moves Lower

The mortgage rate whirlwind continues as we start another week. This time, rates are back below 7% (just barely), though it’s little consolation considering where they were just 10 days ago. If you recall, the 30-year fixed was close to 6.5%, which felt pretty decent at the time, especially since we had what felt like […]