Toronto is set to overtake Vancouver as Canada’s most expensive housing market next year.

Calculate 30 years of capital growth with Hosper MIC.

As of October 11, 2024, Hosper Mortgage will be adapting to the new requirements set by FINTRAC (Financial Transactions and Reports Analysis Centre of Canada).

Safeguarding your MIC investment is our top priority.

What is compound interest?

The Bank of Canada lowered its key interest rate to 4.25% on Wednesday, marking the third consecutive cut since June, in response to easing inflation.

Despite rising interest rates, most Canadians continue to pay their mortgages consistently and on time, according to recent data from the Canadian Bankers Association (CBA).

Canada's economic outlook is complex, with mixed signals indicating both challenges and opportunities.