Category: Announcements (37 posts)
Winnipeg Real Estate Market Boom Winding Down
May 17, 2022 | Posted by: Ron Chan
For the last two years, all anyone has heard about Winnipeg is how hot the real estate market is. It was great before the world got flipped on its rear, but the last 730 days or so have been unpre ... [read more]
Bank of Canada Mortgage Rate Announcement - April 2022
April 13, 2022 | Posted by: Ron Chan
Last week we published an article that detailed Winnipeg mortgage rates predictions for the months ahead. We joined Canada's big banks in the consensus that the Bank of Canada would raise the Poli ... [read more]
Winnipeg Mortgage Rates Predictions Spring 2022
April 6, 2022 | Posted by: Ron Chan
As Winnipeg's home buyer and investor information resource, we update readers with news of Bank of Canada announcements as they impact mortgage rates. We typically wait until the announcements hav ... [read more]
Winnipeg Real Estate News Updates - March 2022
March 7, 2022 | Posted by: Ron Chan
There's a lot going on as we enter the second quarter of 2022 when it comes to the Winnipeg real estate market. And now that you've shaken off the dawn of the year, you're ready to move forward wi ... [read more]
Bank of Canada Mortgage Rate Announcement - March 2022
March 3, 2022 | Posted by: Ron Chan
We concluded the month of February with a notice to all prospective home buyers and investors. The notice was simple - get a mortgage fast. Why? Because we saw it coming. We predicted that the Ban ... [read more]
Get a Mortgage Fast - Why You Need to Move Quickly in 2022
February 22, 2022 | Posted by: Ron Chan
Consider this to be an alert for new buyers and investors. Last week (February 16, 2022) Timothy Lane, Deputy Governor of the Bank of Canada, made some very interesting statements in an online pre ... [read more]
Winnipeg New Construction Updates - Are You Ready?
February 18, 2022 | Posted by: Ron Chan
If you've followed Winnipeg real estate news over the past year, then you know that inventory is getting lean. Home sales broke records throughout 2021, as both variable and fixed mortgage rates hit ... [read more]
Bank of Canada Mortgage Rate Announcement - January 2022
January 28, 2022 | Posted by: Ron Chan
The Bank of Canada (BoC) has made their first prime rate announcement of 2022. While everyone expected the rate to stay the same throughout all of 2021, some industry insiders predicted that the B ... [read more]
Winnipeg Real Estate News Updates - January 2022
January 24, 2022 | Posted by: Ron Chan
We're nearly a month into the new year, and like with many households in the greater Winnipeg area you've pledged to abandon the rental trap and finally buy a home. But before you do, you want to ... [read more]
Mortgage News Winnipeg | Top 3 Stories from 2021
December 28, 2021 | Posted by: Ron Chan
At press, 2021 is pretty much in the books with NYE just days away. This marks a perfect time to look back at the top stories from the world of Winnipeg real estate and mortgage rates. But instead ... [read more]
Winnipeg Real Estate News Updates - December 2021
December 21, 2021 | Posted by: Ron Chan
A special news delivery this December... We're just days away from Christmas, which means it's time for a special delivery - your monthly Winnipeg real estate news update! OK, we know that's not ... [read more]
Bank of Canada Mortgage Rate Announcement - December 2021
December 21, 2021 | Posted by: Ron Chan
It's December and you know what that means. No, we're not referring to the arrival of St.Nick and his troop of reindeer in a few short days. While all of that is true, we're instead referencing th ... [read more]
Black Friday Mortgage Deals and Rates (Is it a Thing?)
November 17, 2021 | Posted by:
With the Holiday season fast approaching people all over Canada are scouring the web for amazing deals that will be released this November 26 of 2021. Black Friday is indeed a shopper's dream, but ... [read more]
Winnipeg Real Estate News Updates - November 2021
November 10, 2021 | Posted by:
Halloween is a distant memory and November is in full swing, which means that it's time for a look at what is happening in the greater Winnipeg area real estate market. This update just so happens ... [read more]
Bank of Canada Mortgage Rate Announcement - November 2021
November 3, 2021 | Posted by:
At the end of October the Bank of Canada (BoC) made their scheduled announcement regarding the prime rate. If you've been following our Winnipeg mortgage and real estate blog then you're probably ... [read more]
Winnipeg Mortgage Rates Update - September / October 2021
September 21, 2021 | Posted by:
Canada’s banks are waving the flag on mortgage rates It seems that we need to follow up our Bank of Canada announcement press release from earlier this month, with some news about mortgage ra ... [read more]
Bank of Canada Mortgage Rate Announcement - September 2021
September 9, 2021 | Posted by:
In our most recent Winnipeg real estate news update we let you know that a Bank of Canada announcement would be arriving early in September. As scheduled, they issued a press release yesterday (Sept ... [read more]
Winnipeg Real Estate News Updates - August 2021
August 27, 2021 | Posted by:
It’s hard to believe the August of 2021 is almost in the history books. As each month comes to a close our Winnipeg mortgage brokerage likes to review recent events that may impact your decisi ... [read more]
Winnipeg Real Estate News Updates - July 2021
July 25, 2021 | Posted by:
It’s hard to believe that August is almost here (at press), but as the days of July wind down it’s time to chime in with an update regarding Winnipeg real estate. Does it remain as hot a ... [read more]
Bank of Canada Mortgage Rate Announcement - July 2021
July 19, 2021 | Posted by:
Another month has passed into the summer of 2021, and like clockwork than Bank of Canada has issued another press release, announcing the state of the economy and its impact (or lack thereof) on mor ... [read more]
Winnipeg Real Estate News Updates - June 2021
June 21, 2021 | Posted by:
The first official week of summer is here! Beyond plans associated with a welcome return to relative normalcy, many individuals and households are wondering about trends in another area - real estat ... [read more]
Bank of Canada Mortgage Rate Announcement - June 2021
June 14, 2021 | Posted by:
The Bank of Canada (BoC) provided their pre-summer announcement last week. It was one of the first in awhile, where real estate industry professionals and financial services experts alike were less ... [read more]
Winnipeg Real Estate News Updates - May 2021
May 24, 2021 | Posted by:
May is winding down and summer is almost here, making this the opportune time for an update on the real estate market in the greater Winnipeg area. Is there anything important for first time buyers ... [read more]
Bank of Canada Mortgage Rate Announcement - April 2021
April 26, 2021 | Posted by:
The Bank of Canada (BoC) made another announcement to wind down April of yet another tumultuous year. While their news release contains the information that we’ve continued to predict here at ... [read more]
Winnipeg Real Estate News Updates - April 2021
April 12, 2021 | Posted by:
Spring is in full swing which means it’s time for a news update regarding mortgages and real estate in the greater Winnipeg area. Whether considering a first home mortgage, a second home inves ... [read more]
Bank of Canada Mortgage Rate Announcement - March 2021
March 15, 2021 | Posted by:
The Bank of Canada (BoC) made its quarterly announcement last week. To allow for the real estate market to adjust we have waited the required days before providing our breakdown of the update and ho ... [read more]
Winnipeg Mortgage Rates Today - Set to Rise Tomorrow?
February 23, 2021 | Posted by:
At the end of 2020 we released our mortgage predictions for 2021. Within this press release we stated that mortgage rates will rise after the midpoint of the year ahead. While the Bank of Canada ove ... [read more]
Hottest Real Estate Market in Canada - Why Buy Winnipeg
February 15, 2021 | Posted by:
If you’ve been following real estate news updates throughout 2020 and into 2021 (thus far) then you know one undeniable truth - Winnipeg has the hottest real estate market in Canada. Below is ev ... [read more]
Bank of Canada Mortgage Rate Announcement - January 2021
January 25, 2021 | Posted by:
As a follow up to the earlier Bank of Canada Economic Outlook Report for 2021 the BoC has made its first interest rate announcement of the year. Did it go as expected? Will our corresponding mortgag ... [read more]
Winnipeg Real Estate News Updates - January 2021
January 18, 2021 | Posted by:
With our mortgage predictions for 2021 ready for home buyers to reference, we now turn our attention to some facts that are already in the books when it comes to the Winnipeg real estate market. Wha ... [read more]
Bank of Canada Rate Outlook 2021 and Impact on Mortgages
January 11, 2021 | Posted by:
The Bank of Canada (BoC) has not made a prime rate announcement as we enter the second week of 2021 but they did just release their Business Outlook Survey covering the remainder of the winter. From ... [read more]
Lowest Mortgage Rate of All Time Hits Canada - Winnipeg Reacts
December 7, 2020 | Posted by:
Each month we have been reporting that mortgage rates have been hitting all time lows. These “lows” have had somewhat loose definitions mind you, being wrapped in a few caveats. But thre ... [read more]
Winnipeg Real Estate News Updates - November 2020
November 25, 2020 | Posted by:
November is winding down and the Holiday season is near, making it the perfect time to weigh in with some recent news. While most headlines around Canada are focused on the pandemic there are some p ... [read more]
Will Mortgage Rates Increase in Canada in 2021?
November 20, 2020 | Posted by:
This question is on the top of the mind and tip of the tongue of hundreds if not thousands of prospect buyers throughout the greater Winnipeg area. While we know that EVERYONE is eager to leave 2020 ... [read more]
Bank of Canada Mortgage Rate Announcement - November 2020
November 10, 2020 | Posted by:
Time for a follow up to our last press release regarding the Bank of Canada’s (BoC) announcement regarding the prime rate. The year is winding down fast which makes the recent news fairly impo ... [read more]
Bank of Canada Mortgage Rate Announcement - September 2020
September 14, 2020 | Posted by:
Typically we save our talk about Bank of Canada (BoC) rate changes (or lack thereof) for our monthly mortgage news update. However, last week’s BoC announcement (September 9/2020) bears repeat ... [read more]
Winnipeg Mortgage and Real Estate News Updates - June 2018
June 13, 2018 | Posted by: Ron Chan
The summer of 2018 is here and with it some interesting news updates that those of you considering a mortgage in Winnipeg may want to know about. As the city’s premier mortgage broker, I make ... [read more]
