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.
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 fuel prices. However, this was the 4th rate hike in (more...)