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Mortgage Lending in British Columbia — Latest Posts
Penny Borg || October 27, 2021
A Snapshot of the Canadian Mortgage Market
Mortgage debt is rising at its fastest pace in over 10 years, yet arrears have fallen to record lows. Meanwhile, more mortgage shoppers are opting for variable rates and a growing...
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Penny Borg || September 29, 2021
Mortgage Volumes Post Record Growth
Mortgage volumes posted their highest-ever rate of growth in the second quarter, driven in large part by historically low mortgage rates and a strong housing market. Compared to the second...
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Penny Borg || July 19, 2021
Will High Inflation Prove to be Temporary? The Bank of Canada Thinks So.
Inflation in Canada is now expected to run a full percentage point above the Bank of Canada’s (BoC) target of 2% through the end of the year. But the central bank believes—for now at least—that...
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Penny Borg || March 18, 2021
House Prices Reaching New Heights. Where to from Here?
Several housing reports have been released over the last couple of weeks, and they all tell the same story: house prices are soaring. Records are being broken on a monthly basis, seemingly...
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