Here We Drop Again! Latest Bank of Canada News

Posted On Oct 23, 2024

Bank of Canada Slashes Rates!What You Need to Know:The Bank of Canada has lowered its benchmark interest rate by 0.50%. This is the fourth rate drop this year. What Does This Mean for You?If you have a variable rate mortgage or line of credit, youâ€...

More Government Mortgage Rules Changes on the Way!

Posted On Oct 09, 2024

New zoning changes through the Housing Accelerator Fund makes it easier for homeowners to add rental suites, which helps create more homes and provide extra income, especially for seniors.Starting January 15, 2025, the government will offer a new...

Government Announces Boldest Mortgage Changes in Decades

Posted On Sep 23, 2024

Last week, the Canadian Government introduced some incredible updates to mortgage rules and tax-free savings accounts, marking the biggest changes in over a decade! These programs are designed to help more Canadians achieve their dream of home...

Mortgage Tips: Brokers Value-Packed Services

Posted On Aug 13, 2024

Here's what I can do with my value-packed mortgage services:I work with numerous mortgage lenders—including big banks like TD and Scotiabank—to find the perfect mortgage in one easy stop!Here’s how I can help:First-Time BuyersUp-sizing or...

BREAKING NEWS:

Posted On Jul 25, 2024

Yesterday, the Bank of Canada (BoC) lowered its benchmark rate by 0.25% to 4.50%, offering rate relief to consumers and businesses.  Important: This only affects variable rates. Fixed rates won't drop by 0.25%. What Does This Mean for You?Â...

Mortgage Tips: Payment Frequency Facts

Posted On Jul 18, 2024

Here's how certain payment frequencies can save you money!  A lot of people think paying their mortgage bi-weekly vs. monthly saves a lot of money. The truth is, it only makes a big difference if you pay more. This is called "accelerating" your...