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At Mortgage Teacher, we're dedicated to helping you make smart mortgage choices. Follow our blog to stay up-to-date on recent Canadian mortgage trends, latest mortgage news, and changes to mortgage rules. Our team of mortgage brokers offer the best advice for both first time home buyers and current homeowners on refinancing, renewals, construction, renovations, and more.
USA VS. CANADIAN HOMEBUILDERS:WHO'S WINNING?
Well, that didn’t take long. Just when U.S. homebuilders thought they had a little breathing room, reality came knocking—and it’s wearing steel-toed boots. The National Association of Home Builders just reported a five-point drop in builder confidence, slamming it down to its lowest level in five months. Translation? The market is shifting, and not in a way that benefits buyers.