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VERICO One Link Mortgage & Financial

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100-99 Scurfield Blvd., Winnipeg, Manitoba

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We are a firm of Accredited Mortgage Professionals (AMP) who work for you as your Mortgage Advisor - making sure you get the best mortgage interest rate and mortgage terms you qualify for. We recognize people are unique and by understanding your needs, we make the mortgage experience simple and carefree. In addition, One Link has outstanding relationships with lenders who work extra hard to support our deals and provide great pricing for our clients.

Our Mortgage Professionals are committed to integrity and a code of ethics.  One Link is part of a national network of independently owned and operated mortgage brokers who provide expert professional advise and credit advisory services.  Typically we are paid by the lender that funds the mortgage.  This means our customers do not pay any brokerage fees.

One application with us gives you access to Canada's top lenders, hundreds of innovative mortgage products and guarantees you the lowest interest rate you qualify for. 

From residential to commercial and recreational properties, your One Link Mortgage Professional can help you make the right decisions by providing you with a wide range of alternatives.  Whether you're buying a home, renewing your mortgage, or thinking about refinancing to renovate, invest or consolidate your debts - TRUST THE ONE LINK MORTGAGE PROFESSIONALS!


BLOG / NEWS Updates

Slight increase in home sales in December

Summary On a seasonally adjusted basis, home sales increased 1.3% from November to December, a second monthly gain in ten months. Despite this relative stabilization of the market in December, sales were still down 37.8% from their February 2022 level. New listings were down 6.4% from November to December, a fifth contraction in six months which shows that both buyers and sellers remain on the sidelines in the current market environment. It should also be noted there is still a high proportion of sellers who are changing their minds, as we estimate that about one in five listings are withdrawn during the month. The low level of sales is still allowing supply to rebuild, with the number of months of inventory increasing from 4.1 to 4.2 in December. While easing, market conditions are still pointing in the direction of a favourable to sellers market with supply still very low on a historical basis. Housing starts fell 14.4K in December to a 9-month low of 248.6K (seasonally adjusted and annualized). Urban starts dropped 12.9K to 227.7K on declines in both the single-family (-5.5K to a post-pandemic low of 44.9K) and the multi-family segment (-7.4K to 182.9K). The Teranet-National Bank Composite National House Price Index decreased by 0.3% in December compared to the previous month and after adjusting for seasonal effects, the sixth consecutive monthly decrease. After adjusting for seasonal effects, 6 of the 11 markets in the composite index were down during the month: Winnipeg (-1.8%), Calgary (-1.1%), Ottawa-Gatineau (-1.1%), Edmonton (-0.9%). Montreal (-0.5%) and Toronto (-0.4%). Conversely, the Quebec City (+1.3%), Victoria (+1.1%). Hamilton (+0.8%), Halifax (+0.4%) and Vancouver (+0.1%) markets were up. https://www.nbc.ca/content/dam/bnc/taux-analyses/analyse-eco/logement/economic-news-resale-market.pdf

What’s Happening in Canadian Housing Markets as We Head into 2023?

Sales in November were down 3.3% on a month-over-month basis, rejoining the trend of moderating sales that began back in February. The Aggregate Composite MLS Home Price Index (HPI) edged down 1.4% on a month-over-month basis in November, which, as with sales activity, continues the trend that began in the spring. The national MLS HPI now sits about 11.5% below its peak level but there are considerable regional differences. While prices are down more in Ontario and parts of British Columbia, they have softened to some degree almost everywhere. Calgary, Regina and Saskatoon stand out as markets where home prices are barely off their peaks. https://www.creacafe.ca/whats-happening-in-canadian-housing-markets-as-we-head-into-2023/

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