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

Supreme Court Denies TREB Appeal: Implications for GTA Housing Market

October 5, 2018 By Hatch Mortgages

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 rising mortgage rates, have put the brakes on sales volumes (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...)

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...)