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Brent Richardson
Principal Mortgage Broker/ Owner (Lic. # M08006143), Certified Financial Planner (CFP) Altrua Financial Inc. Lic. #13005
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Ground Level Updates on Mortgages and the Housing Market, before it hits the news
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Canadian politics may have officially forefitted a multi-generational wealth building opportunity in Canadian oil
With low cost Venezuela oil coming online, what were once viable investments in Canada will become less so
It turns out, timing was everything
It’s a new year, man does time fly!
Wishing everyone the very best in health and prosperity in 2026
Cheers
Yeahhh… unfortunately not in 🇨🇦
BREAKING: Elon Musk says double-digit GDP growth is coming within 12 to 18 months.
🚨BREAKING 🇨🇦 real GDP decreased 0.3% in October, in line with expectations
This offset a 0.2% increase in September, and for the previous 9 months, resulting in overall flat 🇨🇦 real growth in 2025
Bond yields remain relatively unchanged on the news
The Big Banks have increased their discretionary fixed mortgage rates, with slight upward pressure remaining on rates
5 YR bond yield technical support is forming in the 2.70% range, so it’s unlikely we’ll see significantly lower fixed rates in the coming weeks
Oil prices have sunk to 2021 lows in the $55 range
Considered to be the 'death zone' for producers in 🇨🇦
This has a far worse effect on $CAD and 🇨🇦 bond yields than threats from the Orange Man...
BoC's Tiff Macklem: 'Food inflation is transitory' ... 🤨
Bank of Canada's Macklem says he expects food inflation to ease in 2026
Bank of Canada governor Tiff Macklem says he expects food inflation to ease in the coming months after Statistics ...
ca.finance.yahoo.com
🚨BREAKING 🇨🇦 headline CPI/ inflation for November held at 2.2% vs estimates of 2.3%
Lower travel costs and rents moderated CPI, while grocery increased 4.7% and cellular up 12.7%
Overall its discouraging, as everyday costs increase faster, adding pressure on households
Why 🇨🇦 rents could hit a floor sooner than expected: Shadow Demand
'As rental prices decline, doubled households are more likely to undouble'
'The scale of this cohort is likely much higher than policymakers think'
- Benjamin Tal, CIBC Economics
'Shadow demand': Why Canadian rents could hit a floor sooner than expected
A hidden wave of renters is likely undercounted and poised to absorb affordable units, says CIBC.
ca.finance.yahoo.com
We are Mortgage Brokers proudly serving customers from 5 locations in Ontario.
Kitchener/ Waterloo (Head Office)
In Kitchener Waterloo Call: 1-877-248-9210
Hamilton
In Hamilton Call: 905-538-0677
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