When the Bank of Canada hits pause on interest rates, the headlines roll—but what does that actually mean for your mortgage? Whether you’re floating with the variable tide or gearing up for renewal, here’s what you need to know (and what to ignore). This isn’t just rate watching—it’s your financial future, and we’re keeping it cool, clear, and confidently in your corner.
If you’re looking to buy a new property, refinance, or renew an existing mortgage, chances are, you’re considering either a…
Canada-U.S. Tariff Tensions: What You Need to Know Starting February 1, the U.S. has imposed a 25% tariff on Canadian…
The Bank of Canada has just cut the overnight lending rate by 0.25%, bringing the prime rate down to 5.20%, effective immediately. While this rate cut is helpful today, there’s a growing risk that U.S. tariffs on Canadian goods could trigger inflation, forcing the Bank of Canada to raise rates again.
Consumers can expect a gradually building momentum in the housing market in 2024, with a focus on the anticipated relief from higher interest rates. It’s a step-by-step journey, and we’ll be walking a bit more before experiencing a more active pace.
What Happened on Wednesday? Yesterday’s Bank of Canada’s announcement was the quintessential ‘expect the unexpected’ The daily activity on my…
With rates at historic lows and real estate values increasing now is an ideal time for those much needed cottage renovations.
If anything Covid-19 has taught us is that life truly is variable. Maybe your mortgage should be too.
A one-stop article all things related to mortgages and the Covid-19 Pandemic plus much more.
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