Hatch Blog

Welcome to the Hatch Blog, where the experienced mortgage brokers and advisors, at Hatch Online Mortgages, explore the ins and outs of the industry in Canada, especially the key factors that affect the local Ottawa market. We keep a close eye on current trends influencing mortgage rates, rules governing mortgage applications and eligibility, and a whole lot more interesting stuff relating to homeownership in Ottawa. The Hatch Blog is your trusted source for important mortgage developments on a national level, with a local focus. Stay tuned as our latest mortgage insights are hatched on our blog.

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Mortgage Rates Canada

Rising Mortgage Rates and Increased Regulations Slow Canadian Housing Market in 2018… What’s in Store for 2019?

February 18, 2019 By Hatch Mortgages

2018 was a dismal year for housing markets across Canada, especially in the GTA, as a combination of rising interest rates, a new mortgage stress test and economic uncertainty all took a heavy toll. Ongoing NAFTA negotiations, a decline in Oil Prices (more...)

Mortgage Rates Canada

More Rate Hikes Could be in the Works for Canadian Mortgage Applicants

November 24, 2018

On October 24th, the Bank of Canada raised its overnight benchmark rate by another quarter point to 1.75 per cent, the fifth such increase since the summer of 2017, which is having (more...)

Mortgage Broker Canada

Supreme Court Denies TREB Appeal: Implications for GTA Housing Market

October 5, 2018

The past year has taken a severe toll on Canadian real estate markets, especially in vital areas such as the GTA. A new mortgage stress test, introduced in January, coupled with steadily (more...)

Mortgage Rates Canada

The Bank of Canada’s Short-Sighted Appetite for Rate Hikes Pinches Mortgage Applicants and Consumers

August 16, 2018

The Bank of Canada’s most recent rate hike on July 11, 2018, was telegraphed well in advance, with some economic arguments to support it, such as healthy employment and a rise in (more...)

Mortgage Broker Canada

GTA Housing Market Slide Finally Ends… Q3 Recovery on the Horizon

July 10, 2018

As we move into the hot, lazy days of summer, many economists are predicting that a recovery in the Canadian housing market is on the horizon for the second half of 2018, (more...)

Mortgage Rates Canada

Factors to Consider for Your Canadian Mortgage Renewal in 2018

June 15, 2018

Many economic factors are combining to make mortgage renewals a much more difficult process for many Canadians in 2018. Over the past year, interest rates have been on the rise for both (more...)

Mortgage Broker Canada

Canadian Housing Market Slides in First Quarter of 2018: Steep Declines in GTA

May 8, 2018

Rising mortgage rates over the past year and the new stress test for mortgage applicants, which commenced January 1st, 2018, have had a significant slowdown effect on key areas of the Canadian (more...)

Mortgage Rates Canada

Rising Mortgage Rates Pose Risks for Highly Leveraged Canadians

April 4, 2018

Canadian households have enjoyed a long period of ultra-low interest rates for the past decade, initiated by the global recession in 2008 and sustained by the oil price meltdown of 2014, as the (more...)

Mortgage Rates Canada

Trade Uncertainty Dampens Prospect of Rate Increase by Bank of Canada

March 6, 2018

Many analysts are anticipating that our central bank will leave its key overnight lending rate unchanged at 1.25 per cent on March 7th. The appetite for another rate increase has diminished with (more...)

Mortgage Rates Canada

Rising Mortgage Rates Considered Biggest Risk to Canadian Housing Market in 2018

February 5, 2018

After only a month into 2018, many of us are still holding to our pledges, either by resolutions, wishes or perhaps just quiet determination, shared among a few people close to us, (more...)