Brian Patey Mortgage Broker NL: The Mortgage Group

Brian Patey || November 16, 2023

Existing homes sales fell in October

Sales of existing homes continued to fall in October while prices remained flat, the Canadian Real Estate Association (CREA) reported today. Sales fell 5.6% from September but remain 0.9% above...

Brian Patey || 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...

Brian Patey || October 31, 2023

First-time Homebuyers Program in Newfoundland

Becoming a homeowner for the first time is a significant milestone, and the First-time Homebuyers Program (FHP) for 2023 is here to help turn that dream into a reality. Designed to assist...

Brian Patey || 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...