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 Broker Canada

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

May 8, 2018 By Hatch Mortgages

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 housing market, especially during the first quarter in Vancouver and (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...)

Mortgage Broker Canada

Slowing Canadian Housing Market Expected for Early 2018

December 20, 2017

The many moving parts that constitute Canada’s economy are showing mixed signals for the first three quarters of 2017. Strong exports and a hot housing market powered our economy in the first (more...)

Mortgage Broker Canada

Impact of New Stress Test for Uninsured Mortgage Applicants

November 3, 2017

The latest round of mortgage regulations will create a “stress test” for everyone applying for a mortgage from a federally regulated lender to finance their home. The Office of the Superintendent of (more...)

Mortgage Rates Canada

Second Successive Rate Increase by Bank of Canada Impacting Canadian Home Owners

October 5, 2017

On September 6th, 2017, the Bank of Canada raised its key overnight lending rate by another 0.25 per cent, the second rate increase this summer. This past July, the central bank raised (more...)

Mortgage Broker Canada

Celebrate the New School Year with The Hatch Online Mortgages Colouring Contest!

September 1, 2017

As the days grow shorter and the unmistakable chill of fall fills the air, many of us are shifting gears from the timeless and relaxing days of summer to a new season (more...)

Mortgage Rates Canada

Bank of Canada Raises Key Rate for First Time in 7 Years – What Does This Mean for Variable Mortgage Rates?

August 23, 2017

This year we celebrate Canada’s 150th birthday as a sovereign modern-day democracy, favoured with a very high standard of living and a rock-solid reputation, at home and abroad. In fact, Canada ranked (more...)

Mortgage Broker Canada

Intense Flooding in Ontario, Quebec and B.C. Met with an Outpouring of Support from Canadians

June 7, 2017

As an experienced mortgage broker in Canada, Hatch is tuned in to the issues affecting homeowners across the country, which often go beyond mortgage rates and housing markets. This spring has been (more...)