“US mortgage news, interest rate updates, housing market trends, and expert homebuying advice for American borrowers.”
Uncertainty Surrounds “Great American Mortgage Corporation” as Trump Signals Potential Fannie Mae and Freddie Mac Merger Washington, D.C. – August 12, 2025 The term “Great American Mortgage Corporation” (GAMC) has sparked widespread speculation following President Donald Trump’s recent posts on Truth Social, hinting at a potential merger of government-sponsored enterprises (GSEs) Fannie Mae and Freddie … Read more
OTTAWA – The Bank of Canada upcoming monetary policy framework review in 2026 is expected to place unprecedented emphasis on housing affordability considerations, as persistent structural challenges in Canada’s housing market increasingly complicate the central bank’s traditional inflation-targeting mandate. The review is currently underway, and the framework will be renewed in 2026 for a five-year … Read more
Owning a home is the dream of every American, but due to skyrocketing property prices, this dream remains unfulfilled for many. Don’t let this happen to you. Find the best mortgage rate and become a home owner. If you have a good credit history, even better! You will be offered a lower rate that will … Read more
Overview of the Situation On September 9, 2025, the Nova Scotia government announced support for tenants in a downtown Halifax apartment building, The Scotian at 5222 Green Street, who have been without power since August 27, 2025—marking over two weeks of outages as of the announcement. The building, a 50-unit property in Halifax’s south end, … Read more
Rising expenses are forcing Canadians to dump their U.S. vacation homes and investment properties at record rates, turning sunbelt paradises into financial burdens. With Canadians selling U.S. real estate, rising costs Canadian snowbirds, U.S. property sell-off Canada, weak CAD U.S. housing, and tariff impact Canadian buyers dominating headlines, this exodus signals shifting cross-border dynamics amid … Read more
Canadian Firms Absorb Tariff Costs, Keeping Lid on Inflation Amid U.S. Trade War Ottawa, Canada – August 29, 2025 – As the U.S.-Canada trade war intensifies under President Donald Trump’s tariff regime, Canadian businesses are increasingly shouldering the financial burden of higher import costs rather than passing them on to consumers, helping to contain inflation … Read more
Washington, D.C., is the epicenter of American political power, where decisions made in the White House, Congress, and K Street shape the nation and the world. For anyone looking to understand the U.S. political system—whether a voter, professional, or curious observer—navigating Washington’s complex landscape is essential. This evergreen guide, inspired by the insider reporting of … Read more
Strong Underwriting Shields Canada’s Housing Market Amid Slowdown, Says OSFI’s Routledge A Resilient Housing Market Despite Economic Headwinds Canada’s housing market is cooling, but robust underwriting standards are helping it weather the storm, according to Peter Routledge, Superintendent of the Office of the Superintendent of Financial Institutions (OSFI). Speaking at the Scotiabank Financials Summit on … Read more
By Staff Reporter, August 26, 2025 In Canada, a consumer proposal has emerged as a popular debt relief mechanism for individuals struggling with unsecured debts like credit card balances, personal loans, and tax arrears. As a legally binding agreement under the Bankruptcy and Insolvency Act, it allows debtors to negotiate with creditors to repay a … Read more
Many of you email me asking great questions and thought I’d share my answers with you all….I hear the market is changing and borrowing is tough…though I think That owning is better than renting. Any suggestions? Great question – and such a hot topic! 1- Buy a property in which you can see yourself living … Read more