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Paul DeAdder | Real Estate Sales Representative Serving 
Halifax & Surrounding Area | Sutton City Realty Inc., Brokerage

mortgage interest costs News and Articles | My Blog

Rise in bond yields could send fixed mortgage rates higher, experts say

1/18/2024 | Posted in Mortgage Interest Rates by Paul DeAdder

mortgage-rates---interest-rates-48.jpg - Real Estate News

This week’s rise in bond yields could cause some lenders to reverse recent fixed mortgage rate cuts, experts say.

... More


Homeowners brace for mortgage payment shock amid higher-for-longer rate outlook

10/2/2023 | Posted in Home Owners by Paul DeAdder

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With interest rates increasingly expected to stay higher for longer, many of the homeowners who locked in low rates years ago are likely bracing themselves for financial pain ... More


Canadian housing costs have hit 30-year high, StatCan data shows

9/19/2023 | Posted in Canada Living by Paul DeAdder

senior-couple-calculating--taxes--debt-462.jpg - Real Estate News

Canadians are paying more for housing as of August 2023 than in the past three decades, Statistics Canada data shows.

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Sustained low interest rates no longer possible, says former BoC governor

9/4/2023 | Posted in Interest Rates by Paul DeAdder

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This is despite a projected slight drop in the BoC’s policy rate by the end of 2024 or early 2025

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Expect interest rates to remain high until 2025: former BoC governor

8/2/2023 | Posted in Mortgage Interest Rates by Paul DeAdder

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A prolonged period of heightened interest rates will be critical to Canada’s central bank reaching its inflation target, a former Bank of Canada Governor said.

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What impact might OSFI's new proposals have on borrowing costs?

7/26/2023 | Posted in Mortgages and Real Estate by Paul DeAdder

mortgage-application-form-247.jpg - Real Estate News

The plan might help safeguard the stability of the financial system - but could also see mortgage costs rise.

... More


Rising mortgage interest costs now biggest factor driving inflation - and they're not done yet

6/28/2023 | Posted in Canada Living by Paul DeAdder

couple-managing-debt-449.jpg - Real Estate News

Inflation cooled on a month-over-month basis in May, but one factor that has been unrelenting in driving the consumer price index higher is mortgage interest costs — and ... More


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