@humberbaymortgages: Mortgage Minute – Nov 14, 2025 BoC Hold: The Bank of Canada has signaled its rate-cutting cycle is over. After a strong jobs report, economists at RBC now expect the bank to hold its 2.25% rate through the end of 2026. Insolvencies Surge: Financial distress is at a 16-year high. Consumer insolvencies just hit their highest level since 2009. Toronto Market: It's a buyer's market. Sales are down 9.5% and average prices are down 7.2% from last year. Business Owners: A-lenders are applying "greater scrutiny" to self-employed applications, making it harder to qualify. With rates on hold but debt at a 16-year high, this is the time to optimize. Homeowners: Don't wait for the renewal wave. If you're stretched, let's look at your options now. Business Owners: The bank doesn't get you. You need a broker who does. DM me "Cash Flow" for a 60-second analysis of your mortgage. 📞 249-480-1249 📩 [email protected] 🌐 humberbaymortgages.ca ▶️ BRX Mortgage 13463 #interestrates #torontorealestate #gtarealestate #realestatemarket #mortgagetips

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Friday 14 November 2025 17:38:20 GMT