Rate Update: What’s Really Going On
The Bank of Canada held its policy rate steady at 2.75%, catching many by surprise. Economists had been predicting a few more cuts this year, […]
Read moreCategory: Mortgage Rates
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 more
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 […]
Read more
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 […]
Read more
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 […]
Read more
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 […]
Read more
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 […]
Read more
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 […]
Read more
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 […]
Read more
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 […]
Read more