Join Peggy on her latest CTV segment as she discusses the bond market shift, interest rate trends, and what’s really behind the drop in home sales. With the bond market hitting its lowest point, Peggy explains why that’s a strong signal that interest rates, especially the 5-year fixed, will likely come down soon. In Simcoe […]
Join Peggy on her latest CTV segment as she discusses the Bank of Canada’s next moves and her outlook on the spring market. With tariffs still impacting Canada and the U.S., uncertainty remains. Peggy believes the Bank of Canada will likely hold rates steady after March’s drop due to higher-than-expected inflation. As we head into
Join Peggy on her latest CTV segment as she talks about the upcoming wave of mortgage renewals in 2025, with millions of homeowners fearing that their monthly payments might increase. Peggy shares her expert tips on how banks will likely make concessions, given the high number of renewals expected. She also dives into the condo
Join Peggy Hill in her latest CTV segment as she explains the recent mortgage rule changes and their positive impact on buyers. With a noticeable decline in first-time homebuyers in the Simcoe County housing market, Peggy highlights how these adjustments will particularly benefit this group. Excitingly, she discusses the introduction of 30-year amortizations now available
Join Peggy Hill in our latest CTV segment as she discusses the recent Bank of Canada rate cut and its implications for the housing market. While the cut was expected, Peggy points out that the accompanying statements are just as important, showing a more careful watch on the economy for any future cuts.She breaks down
Join Peggy Hill as she discusses the current state of the housing market in our latest segment on CTV News Barrie! Peggy shares her insights on how recent inflation trends are closely linked to shelter costs, which leads her to predict that the next Bank of Canada announcement will likely involve interest rate cuts. The
Keeping it real. It’s a good tagline, but that’s not why I use it. I’ve always been a straight shooter – I don’t know any other way to be. So, keeping it real…it’s tough out there. Interest rates have gone up nearly 217% in the last year, it’s harder to qualify for a mortgage, the
With Canada’s banking regulator looking for advice on how to minimize the number of borrowers who are too close to the edge, even stricter qualifications may be put in place for those seeking a mortgage soon. As alarming as that news may seem, the rules we have were designed to help ensure that Canadians can
We know there’s a lot of concern amongst homeowners about the health of the market and what to expect in the coming year. There have even been some scary headlines about the possibility of a crash, leaving Canadians worried about the sustainability of prices overinflated by the pandemic housing boom. The past three years have