Kim Seifert - The Mortgage Firm

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Regina, SK
Kim Seifert - The Mortgage Firm

Canadian Mortgage Tips, Housing Market Information. Residential and Commercial Mortgages There is a Mortgage for Everyone! Let's talk mortgages!

Every customer deserves the best care and service when purchasing or refinancing their home and/or business. I can place all types of mortgages including purchases, revenue properties, refinances, equity takeout's, debt consolidations, renewals, bruised credit, private lending options, foreclosures, CHIP mortgages, and mortgages for self employed. Being associated with a National Mortgage Firm we

can complete residential and commercial mortgages across Canada. My services are FREE to the client as mortgage brokers get paid a finders fee from the lender. Only exception is if we need to work with private lenders that DO NOT pay finders fees. Since our business is built primarily through referrals from satisfied customers, your positive mortgage experience is essential! Your mortgage is a big decision and a powerful financial tool. We look forward to helping you achieve your financial and home ownership goals! Mortgage Associate 316147 / DLC - The Mortgage Firm 316454

09/03/2026

🇨🇦 CANADA’S RATE STORY JUST GOT MORE COMPLICATED.

Inflation: 2.4%
BoC policy rate: 2.25%
5-year bond yield: 3.42%

The Bank of Canada is holding.

The bond market isn’t.

That matters because fixed mortgage rates follow bond yields far more closely than the overnight rate.

So even without a BoC hike, borrowing costs can still move higher.

That’s the part most homeowners are missing.

08/22/2026

Desjardins has brought forward its forecast for the Bank of Canada’s next rate hike to early 2027 as Canada’s growth outlook improves.

It now sees the policy rate reaching 2.75% by Q2 2027.

08/20/2026

Canadians are reconsidering what used to be the standard mortgage term.

5-year fixed rate products now account for only 20% of all debt outstanding while variable just made a record high.

Why People Choose Variable...

1) Lowest Mortgage Rate
2) Lock into Fixed Rate any time, no penalty
3) Only 3-month Interest Penalty if Variable Rate broken early
4) To qualify for a mortgage it is Contract Rate + 2%. Going Variable/ Lower Rate... helps with debt servicing ratios & helps qualify for more home.

Good Strategy... if selecting a Variable Rate Mortgage, set your regular mortgage payments at what you would have paid if you selected the higher Fixed Rate.

08/15/2026

🇨🇦 Home Affordability (July 2026):

Over the past 2 years, affordability has:
📉 Improved in Ontario
📈 Worsened in Quebec
🏠 Remained very high in BC

Price-to-income ratio:
📊Vancouver 12.7x
📊Victoria 10.9x
📊Kelowna 10.1x
📊Toronto 9.9x
⋮
📊Saskatoon 4.4x
📊Regina 3.8x

🔹BC/Ontario vs. the Prairies: almost two different affordability universes.

🔹$/sqft: Vancouver ($711) is more than 3.5x Winnipeg ($194).

🔹Ottawa-Gatineau stands out: Canada’s 2nd-highest household income ($106K), yet housing is 35% cheaper per sq. ft. than Toronto.

08/01/2026

Number of mortgages held by Canada's big banks,

27 years of uninterrupted growth , peaking June 2022

Since then, four straight years of decline, down 3.7% as of May 2026

First sustained drop in the dataset's history, tracking the BoC hiking cycle

07/25/2026

Mortgage broker share rises to 38%,
hits 48% among recent first-time buyers:

Mortgage broker use rose to a five-year
high in 2025 as borrowers sought help navigating a more complex range of
products, lenders and payment structures.

07/16/2026

Bank of Canada's Tiff Maclem had 3 key messages after holding rates again.

> after stalling over the past year, economic growth looks to have resumed in Canada. While US trade policy continues to be a headwind, consumers have been resilient and businesses are adapting.

> inflation in Canada is poised to ease, provided global oil prices decline from elevated levels.

> third, uncertainty remains high. The conflict in the Middle East has re-escalated in recent days, and trade discussions with the United States remain ongoing.

Interesting what is missing: government's apending and policies.

07/09/2026

Reported 1,849 residential sales in June, up 5% from a year earlier and more than 18% above the 10-year average.

Through the first half of 2026, sales have run nearly 8% above long-term historical trends.

“More homes are coming onto the market than they did a year ago, but buyers are purchasing them almost as quickly as they’re listed.”

New listings rose 6% year over year to 2,735.

New listings rose six per cent year over year to 2,735.

07/03/2026

There is no "Canadian" housing market...

It's a collection of regional markets, each with their own underlying fundamentals and price momentum

Infographic from the most recent monthly marketing pack for EdgeREAnalytics subscribers.

07/01/2026

Economists slash Canada 2026 growth outlook after recession talk

Forecasters still see the Bank of Canada holding its policy rate at the current 2.25 per cent for the rest of 2026

Address

#201 – 1055 Park Street
Regina, SK
S4N5H4

Telephone

+13065334492

Website

https://kimseifert.ca/

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