Mortgage Blog
How Falling Rates Open Doors for Gig Workers, Mortgages for Non-Traditional Incomes
October 6, 2025 | Posted by: Jason Woods
After several policy cuts, the Bank of Canada's overnight rate sits at 2.50% as of September 17, 2025, down from 3.00% in January. This easing has lowered borrowing costs and improved affordab ...
read more
September 17-2025 - Bank of Canada lowers policy rate to 2.5%
September 17, 2025 | Posted by: Jason Woods
The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%. After remaining resilient to sharply higher ...
read more
Mortgage Renewal Strategies in a Rising Interest Rate Market: Expert Tips for Ontario Homeowners
September 12, 2025 | Posted by: Matt Shepherd
Are you approaching your mortgage renewal date only to find that interest rates have climbed higher than when you first signed? You're not alone. In Ontario, countless homeowners are grappling with th ...
read more
How Higher Interest Rates Affect Mortgage Renewals: A Broker's Guide to Saving Money in Burlington and Beyond
September 12, 2025 | Posted by: Matt Shepherd
...
read more
CMHC - Monthly Housing Starts - July 2025
September 3, 2025 | Posted by: Jason Woods
Canadian Monthly Housing Starts and Other Construction Data Tables - July 2025 At our mortgage brokerage, we make it a priority to follow the Canada Mortgage and Housing Corporation's (CMHC) monthl ...
read more
Case Studies: How a Mortgage Broker Outperformed Banks in Real Mortgage Renewal Scenarios
August 19, 2025 | Posted by: Matt Shepherd
Imagine receiving your mortgage renewal notice and realizing you could save thousands by switching lenders – but your bank doesn't tell you that. This is a common reality for Ontario homeowners, ...
read more
Mortgage Broker vs Bank: Why Renewing Your Mortgage with a Broker Wins Every Time in Ontario
August 19, 2025 | Posted by: Matt Shepherd
Renewing your mortgage is one of those pivotal financial moments that can either lock in savings or lead to unnecessary costs. Have you ever wondered if sticking with your bank is truly the best choic ...
read more
With Inflation at 1.7%, What This Means for Canadians Considering a Home Purchase or Mortgage Refinance
August 19, 2025 | Posted by: Jason Woods
Did You Know? Did you know that Canada's latest inflation figure has cooled to 1.7% according to Statistics Canada? For everyday Canadians, this is more than a headline. It can point to lower bor ...
read more
Is the Mortgage Stress Test on the Way Out?
August 7, 2025 | Posted by: Jason Woods
Is the Mortgage Stress Test on the Way Out? How OSFI's New Loan-to-Income Rules Could Reshape Borrowing in 2025-26 Canadian borrowers have spent the past seven years living with the mortgage "s ...
read more
Bank of Canada holds policy rate at 2.75%
July 30, 2025 | Posted by: Jason Woods
The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. While some elements of US trade policy have started to become m ...
read more