Adam Bazuk - Mortgage Broker

06/17/2024

😎

06/09/2024

06/03/2024

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02/21/2024

The bottom line from our Chief Economist, Dr. Sherry Cooper: The next meeting of the Bank of Canada Governing Council is on March 6. While January's inflation report was better than expected and shows that the breadth of inflation is narrowing, it is still well above the level consistent with the 2% inflation target.

Shelter inflation will remain sticky as higher mortgage rates over the course of last year filter into the index and the acute housing shortage boosts rents.

The Bank of Canada will remain cautious in the face of still-high wage gains and core inflation measures above 3%. I hold to my view that the Bank will begin cutting rates in June.

Canadian Inflation Falls to 2.9% in January, Boosting Rate Cut Prospects The Consumer Price Index (CPI) rose 2.9% year-over-year in January, down sharply from December’s 3.4% reading. The most significant contributor to the deceleration was a 4% decline in y/y gasoline prices, compared to a 1.4% r...

02/20/2024

Groan alert !!

02/06/2024

Tip Tuesday! My latest blog post:

Embarking on the journey towards homeownership is an exciting milestone, but it requires careful financial preparation to ensure a smooth and successful transition. Before applying for a mortgage, consider these essential financial planning tips to set yourself up for homeownership success. First an...

01/16/2024

The bottom line from our Chief Economist, Dr. Sherry Cooper: Mounting evidence suggests that growth remained weak in Q4, suggesting the Bank of Canada will begin cutting interest rates by the spring home-selling season.

Canadian Home Sales Surprisingly Strong in December Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up noticeably month-over-month in December 2023. The December rise of 8.7% was one of last year’s strongest monthly performances. The actual (n...

01/15/2024

😂 groan alert !

01/09/2024

Tip Tuesday - my latest Blog post.

https://adambazuk.ca/mortgage-tips/the-benefits-of-debt-consolidation-into-your-mortgage-a-holistic-approach/