NEWS

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“Sticky” core inflation raises the odds of a January rate hike: economists

Steve Huebl Bank of Canada December 21, 2022 Canada’s headline inflation reading continued to fall in November, but core inflation rose,...

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The latest in mortgage news: Government unveils details of its foreign buyer ban

Steve Huebl Mortgage Industry News December 23, 2022 The government unveiled details of its foreign buyer ban on residential properties...

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CIMBC Hosts our 2022 Holiday Party!

It was pleasure hosting our annual Holiday celebration with our CIMBC Members and Industry Partners at the Real Sport bar in Downtown...

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OSFI leaves mortgage stress test unchanged

Steve Huebl Government and Regulation December 15, 2022 Canada’s banking regulator confirmed today it will leave the mortgage stress test...

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November data show housing markets are still in “correction mode”

Steve Huebl Real Estate December 6, 2022 The housing slowdown continued in November with home sales down over 50% year-over-year in some...

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CIMBC Attends OakPark Mortgage Group 2022 Holiday Party

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CIMBC Attends Oriana Financial 2022 Holiday Party

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CIMBC Attends City Wide Mortgage Services 2022 Holiday Party in Vancouver

It was an absolute honour and pleasure joining CIMBC's City Wide Mortgage Professionals at Lift Bar & Grill in Vancouver for their annual...

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The Latest in Mortgage News: Bank of Canada “still prepared to be forceful”

Steve Huebl Bank of Canada December 9, 2022 The Bank of Canada has indicated its future rate decisions will be driven by economic data,...

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The popularity of variable-rate mortgages continues to fall

Steve Huebl Interest Rates December 1, 2022 Now that the spread between fixed and variable rates has largely evaporated, a majority of...

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Expect more balanced housing markets in 2023, says Re/Max

Brennan Doherty Real Estate December 5, 2022 After a year of rapidly rising interest rates and falling home prices, 2023 should see more...

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The Bank of Canada’s next rate hike: a toss-up between 25 and 50 bps

Steve Huebl Bank of Canada December 4, 2022 The Bank of Canada is widely expected to deliver its seventh consecutive interest rate hike...