December 11, 2024 Bank of Canada Rate Announcement
On December 11, 2024, the Bank of Canada cut its key interest rate again by 0.5%, making it 3.25%. This change reduces the prime lending […]
Read more
October 23, 2024 Bank of Canada Rate Announcement
The Canadian real estate market is undergoing a transformative period, driven by a mix of favourable policy updates and economic changes. On October 23, 2024, […]
Read more
30 Year Amortizations for First-Time Home Buyers
This week, the federal government announced several positive changes to mortgage rules. The measures are intended to make mortgages more affordable for Canadians and put […]
Read more
September 4, 2024 Bank of Canada Rate Announcement
As anticipated by many, the Bank of Canada lowered its benchmark interest rate by 0.25%, bringing it to 4.25%. The prime lending rate is now […]
Read more
Mortgage Protection
As exciting as buying a home is, it’s more than just a place to live. It’s the place where life happens. A mortgage is a […]
Read more
July 24, 2024 Bank of Canada Rate Announcement
The Bank of Canada lowered its benchmark interest rate to 4.50% today, which was expected. The prime lending rate is now 6.7%, putting us back […]
Read more
June 5, 2024 Bank of Canada Rate Announcement
Variable-rate mortgage holders are celebrating, having awaited this day since the first rate hike 27 months ago. The overnight target rate was cut to 4.75%, […]
Read more
Monoline Lender vs Big Bank
Selecting the right type of mortgage to finance your home is crucial, so it’s important to understand what monoline lenders are and how they differ […]
Read more
30 Year Amortizations for First-Time Home Buyers
The government has announced some new changes to mortgage rules that will help first-time home buyers. 30 Year amortizations are returning for first-time home buyers […]
Read more
April 10, 2024 Bank of Canada Rate Announcement
Once again, the Bank of Canada’s rate announcement brings stability to the financial landscape. The overnight target rate remains unchanged at 5%, leaving the prime […]
Read more