Blog
The Bank of Canada, Rate Cuts, and Adjustable Mortgages
The Bank of Canada has decreased its overnight lending rate by 25 basis points. This is the first decrease we’ve seen since March. It seems that since COVID, everyone has become an expert on the Bank of Canada, but let’s...
Jacquie’s thoughts on mortgage rates
Segment title: Long-time client, first-time reader/listener Right now, things feel a little confusing. There’s a lot going on because mortgage rates in Canada aren’t driven solely by the Canadian economy. Fixed rates, for instance, are influenced by the Government of Canada...
Understanding The BoC & Prime Rate
Ok, more rate chat to clear up confusion - When the Bank of Canada lowers their rate, this is not a consumer rate - Read on for my response to a client email. From the client: Hi, It’s us again....
What Does It Mean to Be a Co-Signer for a Mortgage?
A co-signer can be the key to helping someone achieve homeownership when they don’t meet the necessary requirements on their own. Understanding what it means to be a co-signer and the implications involved is essential before committing to this responsibility....
Let’s Talk Mortgage Rates: Why Are Fixed Rates Going Up While the Bank of Canada Is Cutting Rates?
Wait, what? The Bank of Canada is lowering rates, but fixed mortgage rates are still on the rise? It seems like a contradiction. If you’re wondering how that’s possible, you’re in the right place. In this blog post, we’re pulling...
How I Became A Mortgage Broker – April 2024 Newsletter
Please take a moment to read my latest newsletter. Topics covered are: How I Became A Mortgage Broker Walter Update The Return of 30 Year Amortizations for First-Time Home Buyers Are Fixed Rate on the Rise? Read Newsletter
Is it Time to Lock into a Fixed Rate Mortgage?
This is Walter in his pride gear; Walter and I agree everyone deserves to be loved, to live as they wish and be who they want to be. NOW that I have your attention - Please read. I sent this out a couple of...
The End of The Mortgage Pain Is On The Horizon
My Grandma always said, if you have nothing nice to say, don't say anything! So, here we are; it has been a couple of months since I sent a newsletter (I get stuck). Any updates I would have sent would...
