Taylor Hayes Mortgage Agent

06/04/2026

Happy Closing Day to my first-time homebuyer!

Their bank couldn't qualify them using investment income.

48 hours after reaching out to me: pre-qualified.
1 week later: accepted offer.
35 days later: homeowner.

This is why working with a mortgage broker matters. Not every lender looks at income the same way, and having access to multiple options can make all the difference.

Congratulations on your new condo! 🏡🔐

06/04/2026

Canada has submitted new trade proposals to the U.S. ahead of the 2026 review of CUSMA, with both sides working to reduce trade tensions and address ongoing tariff concerns. While discussions have been described as productive, Canadian officials warn there could still be economic turbulence before a long-term agreement is reached.

Canada made new and detailed proposals on trade to the U.S. based on negotiating progress in recent weeks, said Canadian cabinet minister Dominic LeBlanc.

06/03/2026

GTA home sales rose 6% in May as buyers took advantage of lower prices and improved affordability. While activity is picking up, home values remain below last year's levels, keeping conditions favourable for buyers.

The Greater Toronto Area marked its third straight month of higher home sales compared with a year earlier, as the city's real estate board says the market tightened in May.

06/02/2026

Daily reminder: The banks work for their shareholders.

I work for you.

When it comes to your mortgage, having someone in your corner can make all the difference.

Reach out today.

Taylor Hayes
HAYES MORTGAGE
Mortgage Agent Level 2
416-617-3956
[email protected]

06/02/2026

Last week's closing 🏡✨

A huge congratulations to my first-time homebuyer on the purchase of her beautiful new condo in Uxbridge! Buying your first home is a major milestone, and I'm so grateful to have been part of the journey.

Wishing you many happy memories in your new home!

06/02/2026

While Canada technically meets the definition of a recession, the Bank of Canada is signaling that it is focused on the broader economic picture and is not treating the GDP data alone as evidence of a significant downturn.

Bank of Canada Senior Deputy Governor Carolyn Rogers cautioned against concluding the country is in a recession after recent data showed the economy contracted for a second consecutive quarter.

06/01/2026

A recent spike in bond yields has lifted fixed-rate offers, but homeowners breaking a mortgage could see lower penalties, depending on their lender.

A recent spike in bond yields has lifted fixed-rate offers, but homeowners breaking a mortgage could see lower penalties, depending on their lender.

06/01/2026

Canada’s Big Six banks posted stronger-than-expected Q2 earnings despite a slowing economy, supported by solid capital markets performance and lower-than-expected credit losses. While loan growth remained modest and insolvencies continue to rise, particularly in Ontario and B.C., mortgage portfolios remain strong with average loan-to-value ratios near 60% and borrower credit scores around 800. Banks remain well-capitalized and are positioned to withstand ongoing economic uncertainty.

Are resilient bank earnings masking growing pressure on heavily indebted Canadian households?

05/29/2026

Canada has entered a technical recession after two straight quarters of GDP decline, driven by weaker business investment, softer consumer spending, and uncertainty tied to trade and tariffs.

The Canadian economy edged into a technical recession as weak business and government spending drove a slight contraction in the first quarter.

05/28/2026

TD capped off a strong quarter for Canadian banks by beating earnings expectations, driven by record results in Canadian banking, strong wealth management and capital markets performance, and lower-than-expected credit loss provisions. Adjusted earnings came in at $2.38/share ($4.17B net income), and the bank also raised its dividend.

Toronto-Dominion Bank beat estimates on better-than-expected results in its capital-markets unit and a record for the quarter for its wealth division, with the company benefiting from higher client activity and asset appreciation amid volatile markets.