Bank of Canada Holds Rate at 2.75% - Here's what it means

Posted On Jun 04, 2025

The Bank of Canada made its latest rate announcement today and decided to hold their rate at 2.75%. Why? Inflation is slowing, but not enough. The BoC is being cautious. They want to gauge tariff measures and make sure prices stay steady before...

Looking to get a mortgage? You'll need to know the 5 C's of credit!

Posted On May 28, 2025

1) Capacity: Can you afford the monthly payments?2) Capital: How much of your own money/equity are putting in?3) Character: Do you have good history paying creditors back?4) Collateral: Is the home a good backup for the loan?5) Credit: What does your...

New Mortgage Rules: More Buying Power, Lower Payments

Posted On Feb 05, 2025

New mortgage rules mean you can afford more home with a lower monthly payment!Scenario:$150,000 Household Income$100,000 Down Payment4.50% Fixed RatePrevious Rules$825,000 Purchase Price$725,000 Mortgage= $4,102/MonthNew Rules$875,000 Purchase Price ...

Take Charge of Your Money with Debt Consolidation

Posted On Jan 14, 2025

We have mortgage solutions to help you... Lower your monthly payments Increase cash-flow Save on interest Pay off high interest debt faster Boost your credit score Simplify your...

Bank of Canada Slashes Rates!!

Posted On Dec 12, 2024

Here's info to keep you in the loop! What you need to know: The BoC lowered its interest rate 5 times this year from 5% to 3.25% (total 1.75% reduction).  What Does This Mean?Variable rate mortgages and lines of credit can expect lower...

General Mortgage Tips & Updates

Posted On Dec 02, 2024

Here's info to keep you in the loop! 1) Bank of Canada Updates: What you need to know: The Bank of Canada lowered its interest rate four times this year from 5% to 3.75%. What Does This Mean?Variable rate mortgages and line of credits canÂ...