Exploring Mortgage Amortization Extensions
Recent inflation numbers indicate that inflation is slowing, and many economists are saying that the most recent drop in the inflation rate will give the Bank of Canada…
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Breaking Down the Latest Mortgage Reforms: Key Insights You Shouldn’t Miss
As announced on September 16, 2024, the federal government is expanding eligibility for 30 year amortizations for insured mortgages to all first-time homebuyers and all purchasers of new…
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Be Prepared! Expert Tips for Mortgage Renewal Success
Recent data from Mortgage Professionals Canada shows that 23% of all Canadian mortgage holders will renew their mortgage within the next year, and a staggering 50% will renew…
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Big mortgage rule changes
In a press release issued September 16, 2024, the Canadian government announced two major changes to mortgage rules, building on earlier reforms announced in the federal budget. Calling…
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5 ways to plug the money leaks!
The brisk back-to-work attitude of September makes it a great time to review your finances and particularly your spending. Whether you are saving to buy a home or…
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Breaking News: The Bank of Canada has just announced another quarter-point rate cut, bringing the key interest rate down to 4.25%
This marks the third consecutive cut as the central bank takes action in response to easing inflation. With inflation currently sitting at 2.5% as of July, the Bank…
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