Rate Announcement December 6, 2023
The Bank of Canada announced it will keep its key interest rate at 5%, with the Bank Rate at 5¼%. This decision will keep the […]
Read more
Mortgage Renewal Rule Updates
As Canadian homeowners gear up to renew their mortgages in the coming year, recent renewal updates outlined in the Liberals’ fall economic statement could offer […]
Read more
What is Mortgage Default Insurance?
Why do most lenders require mortgage default insurance for home buyers purchasing homes with less than a twenty percent down payment? Canadian banks and most […]
Read more
Rate Announcement October 25, 2023
We can all relax once more with today’s rate announcement. The Bank of Canada announced it’s leaving the overnight target rate unchanged at 5% for […]
Read more
Halloween Safety Decorating Tips
It’s that time of year again, Halloween! When we embrace the spooky spirit and transform our homes into haunted houses. But before you start ghoulishly […]
Read more
Credit Bureau and Your Mortgage Approval
There are many reasons why a mortgage application can be delayed or, even worse, declined. A key tool lenders rely on when identifying any concerns […]
Read more
Rate Announcement September 6, 2023
Here’s the scoop on the most recent rate announcement. The Bank of Canada announced it’s leaving the overnight target rate unchanged at 5%. This decision […]
Read more
Do Your Homework and Get Pre-approved For a Mortgage
Shopping for a home without a mortgage pre-approval is like forgetting to do your homework. Good luck explaining to your real estate agent that your […]
Read more
What is a Grandfathered Transfer?
If you purchased your home before November 30, 2016…. then this is a must read about your mortgage renewal options. Under the old mortgage rules, […]
Read more
Benefits of a Mortgage App
Have you ever wondered about what type of home you could afford? If so, you can get an idea right now. Download my mortgage app […]
Read more