Blog | The Mortgage Centre

June 4, 2025Mortgage News Canada, Variable-Rate

June 4, 2025 Bank of Canada Rate Announcement

The Bank of Canada left its policy rate unchanged at 2.75%. This was a bit of a surprise because economists have predicted a few more […]

May 23, 2025July 8, 2025Home Buying Experience, Interest Rates, Mortgage Guidelines, Mortgage Rates, Mortgage Tips, Pre-approval

Spruce Grove Mortgage Calculator for Renewal & Buying a Home

Spruce Grove Mortgage Renewal Made Simple with Our Calculator Wondering what your monthly mortgage payments might look like? Our Canadian Mortgage Calculator is designed to give […]

April 16, 2025May 15, 2025Mortgage News Canada, Variable-Rate

April 16, 2025 Bank of Canada Rate Announcement

After seven straight rate cuts, the Bank of Canada kept its key interest rate steady at 2.75%. While the prime lending rate—which impacts variable-rate mortgages, […]

March 13, 2025May 15, 2025Home Equity, Home Improvement, Mortgage Tips, Refinance, Variable-Rate

Homeowner Line of Credit

A Homeowner Line of Credit is a revolving line of credit that allows homeowners to borrow against the equity in their property. Home equity is […]

March 12, 2025Mortgage News Canada, Mortgage Rates, Variable-Rate

March 12, 2025 Bank of Canada Rate Announcement

The Bank of Canada’s rate announcement confirms a reduction in its key interest rate to 2.75%, while the prime lending rate—which impacts variable-rate mortgages, […]

January 29, 2025Interest Rates, Mortgage News Canada, Variable-Rate

January 29, 2025 Bank of Canada Rate Announcement

The Bank of Canada has lowered its key interest rate by 0.25% as of January 2025, bringing it down to 3%. As a result, Canada’s […]

December 11, 2024December 11, 2024Interest Rates, Mortgage Insurance, Mortgage News Canada, Mortgage Rates, Pre-approval, Variable-Rate

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 […]

November 13, 2024February 13, 2025Financial Tips, Local Professionals

Financial Planner

Have you ever wondered what the benefits are of working with a financial planner? I put together a list of what they do to help […]

October 23, 2024December 11, 2024Mortgage Guidelines, Mortgage News Canada, Mortgage Rates, Variable-Rate

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, […]

September 16, 2024September 18, 2024Building a New Home, Buying a New Home, First Time Home Buyer, Mortgage Guidelines, Mortgage News Canada

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 […]