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My Mortgage Blog — Latest Posts
Bank of Canada hikes rates by 0.25%, but is now likely to hit the pause button
The Bank of Canada delivered its eighth consecutive rate hike on Wednesday, January 25, but said it would likely now pause to assess the impacts of its rate hikes to date. As expected, the Bank...
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What you need to know about Canada’s new foreign buyer ban
The start of the new year saw Canada’s new foreign buyer ban officially come into effect. The two year-ban, originally passed by Parliament in June to help address housing affordability...
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Should you be signing your mortgage renewal from your bank?
Your bank contacts you to renew your mortgage and you’re thinking about signing your renewal, but is it in your best interest or should you talk to a mortgage professional first? I had a client reach...
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What you need to know about Trigger Rates
There’s been a great deal of talk in the media lately about variable-rate mortgage borrowers hitting their so-called “trigger rate.”Below, I’m going to explain what that trigger rate is, the...
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