Amy Kiesenwetter - Mortgage Broker

Amy Kiesenwetter || November 09, 2023

Building permits fell 6.5% in September

The total value of Canadian building permits fell 6.5% in September to a seasonally adjusted $11.2 billion, according toStatistics Canada. Residential permits, however, rose 4.3% to $7.2...

Amy Kiesenwetter || October 31, 2023

Challenges of 2023:

This last year, the housing market felt like riding that old wooden roller coaster at the PNE! Here are a few reasons why… Market Volatility and Rate Tightening: The year witnessed uncertainty...

Amy Kiesenwetter || October 25, 2023

Is the Bank of Canada finally done hiking rates?

As was widely expected, the Bank of Canada delivered a second consecutive rate hold today, leaving its key benchmark rate at 5.00%. That was welcome news for variable-rate mortgage holders, who...

Amy Kiesenwetter || October 25, 2023

Bank of Canada Holds Rates at 5% Amid Global Economic Slowdown

The Bank of Canada has decided to maintain its target for the overnight rate at 5%, keeping the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative...