Brian Patey Mortgage Broker NL: The Mortgage Group

Brian Patey || September 07, 2023

Good news for variable-rate borrowers as Bank of Canada leaves rates on hold

Variable-rate mortgage borrowers who have seen their rates skyrocket over the past year and a half received a reprieve today as the Bank of Canada announced a rate hold. That leaves the bank's...

Brian Patey || July 24, 2023

Canadians are boosting savings amid economic concerns

Canadians aren’t taking any chances when it comes to their financial future as they prepare for the possibility of a forthcoming recession. According to data from TransUnion Canada, over a third...

Brian Patey || July 19, 2023

Are there any government programs or incentives for first-time homebuyers in Canada?

Here are some notable programs for first-time homebuyers in Canada:Canada-wide programs: The First-Time Home Buyer Incentive (FTHBI) is a program introduced by the Canadian government to assist...

Brian Patey || June 22, 2023

Economic brief: OSFI increases capital buffer requirement for Canadian banks

Canada's banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), has announced an increase in the capital buffer requirement for the country's largest...