Explore. Find. Discover. Navigate our blog menu.

Today was the Bank of Canada’s final rate announcement of 2023. As expected, they left it unchanged. The pause has now stretched across five consecutive months.   With inflation continuing to [...]

Fixed mortgage rates have been steadily increasing for months now, causing concern for potential homebuyers and those with mortgages approaching their renewal date.   However, there is finally some light at [...]

Whether you're buying a new home, refinancing your current mortgage, or have an upcoming mortgage renewal, your ultimate objective remains the same: securing the lowest possible mortgage rate. Locking in [...]

Trying to time your entry into the homebuying market is a bit like trying to hop onto a merry-go-round that’s spinning just a tad too fast. You want to get [...]

For the last six months, we’ve been watching fixed mortgage rates climb like a stubborn cat up a tree. Just when was looking like this would never end, we’re now [...]

With all the writing I’ve done on rising mortgage rates this year, I was starting to feel like Bill Murray in Groundhog Day. But instead of reliving the same day [...]

Much to the delight of variable rate mortgage holders, the Bank of Canada announced this morning that they will be holding their rate for the second time in a row. [...]

In a world where there is no shortage of economic uncertainty, choosing the right term length can be like trying to pick the winning lottery numbers. We’re all on the [...]

This is almost starting to sound like a broken record, but fixed mortgage rates are rising again.  Many mortgage lenders announced fixed rate increases as recently as this morning. I [...]

The Office of the Superintendent of Financial Institutions (OFSI) has implemented changes affecting those with combined loan plans (CLP). A CLP combines a mortgage with a home equity line of [...]

Just when we thought we were catching a break, fixed mortgage rates are now facing upward pressure once again. Since early May this year, they’ve been steadily climbing, tacking on [...]

Rate shopping can feel like a tough game, especially in a world where mortgage rates are as unpredictable as the weather. Just as the weather forecast can change unexpectedly, so [...]

In this morning’s announcement, the Bank of Canada adhered to market expectations by maintaining their overnight rate at its current level. While the decision was not a shocker, there was [...]

It’s only natural that a mortgage lender will want to see your ID. After all, they are lending you several hundred thousand dollars, if not more. For the most part, [...]

Fixed mortgage rates continue to rise, and the incessant upward pressure they are under is not letting up. The lowest fixed mortgage rates that are available today may no longer [...]

Purchasing a new home is an exciting time, but that excitement can turn to unwanted stress if you wait too long to get your financing in order. Applying for a [...]

Mortgage terminology can get confusing at times, so it’s not uncommon for people to misunderstand the terms. Often someone will say they want to refinance their mortgage when they are [...]

It goes without saying that we are all sick of these rate increases. Enough is enough! Just when it looks like we’ve seen the last of them, the Bank of [...]

When considering purchasing a home, one of the key factors to consider is the mortgage you can qualify for.  Mortgage qualification depends on several factors, including your financial situation and [...]

Yesterday’s highly anticipated CPI inflation report revealed a drop of 1.00%. This brings it down to 3.40% which is the first time it has been in the 3% range in [...]

Bond yields have been trending upward precipitously since early May over growing concerns with inflation. As inflation expectations rise, investors react by adjusting their bond holdings, which can have an [...]

I’m looking forward to the day when I can start blogging about falling mortgage rates. Unfortunately, we are not there yet as rates are still on the rise with more [...]

While it had appeared that we had seen the last of the rate increases from the Bank of Canada, they announced this morning that they are increasing their overnight rate [...]

Back on March 8th, the Bank of Canada announced that they were pausing their rate hikes. This resulted in bond yields plummeting, which resulted in 5 year fixed mortgage rates [...]