Mortgage Penalties
One of the most misunderstood parts of having a mortgage is how mortgage penalties work, especially if you didn’t work with a mortgage broker. And […]
Read moreCategory: Interest Rates
Variable or Fixed Rate Mortgage?
As expected, the Bank of Canada has lowered its benchmark interest rate to 4.25%. Now, the prime lending rate is 6.45%. With rates decreasing, my […]
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Mortgage Rates Are Going Down
The Bank of Canada once again lowered its key interest rate to 4.25% to help with economic challenges and support homeowners and buyers. The prime […]
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Bank of Canada Rate Announcement: March 6, 2024
Today’s Bank of Canada announcement gives us a bit of a breather. The overnight target rate didn’t budge, hanging tight at 5.00%. This keeps the […]
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Bank of Canada Rate Announcement
As November approaches and the Bank of Canada announced no changes to the overnight rate yesterday, now is a great time to learn what to […]
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Un Insured Mortgage vs Insured Mortgage
Do you know the differences between an uninsured mortgage and an insured mortgage? I want to help you understand the key points to make sure […]
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Bond Rates vs Mortgage Rates
The relationship between government bonds and mortgage rates is a crucial aspect to understand when financing your home. Government of Canada bonds, known for their […]
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Choosing The Right Mortgage Term
As you embark on your journey of purchasing a new home or renewing your mortgage, an important decision you will have to make is the […]
Read moreMortgage Payment Calculator
Whether you’re a first-time homebuyer or renewing your mortgage down the road, a mortgage payment calculator can be a beneficial tool to download. A […]
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How Much House Can I Afford?
One of the biggest (and most common) questions I get from future homeowners is: “How much house can I afford?” And while there’s no one-size-fits-all […]
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