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 […]
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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
The Bank of Canada dropped the news today – no change in the key overnight interest rate, still holding strong at 5%. 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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Invest In Real Estate
When I purchased my first house, I initially never thought of it as an “investment.” It was a place to call home. A few buddies […]
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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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Mortgage Rates on The Rise
On June 7, 2023, the Bank of Canada announced that the overnight target rate increased to 4.75 percent from 4.5 percent, increasing the prime lending […]
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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 […]
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