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Lori MacDonald || January 07, 2025

Charting the mortgage market: a 2024 recap and a look ahead to 2025

As we usher in the new year, I’d like to wish you and your loved ones a Happy New Year, filled with health, happiness, and prosperity.With 2024 behind us, let’s take a moment to reflect on the trends...

Lori MacDonald || November 05, 2024

The lowest rate isn't always the best rate: Here's why

When shopping for a mortgage, it’s easy to get drawn in by the lowest advertised rate. After all, who doesn’t want to save on interest?But there’s more to a mortgage than just the rate, and focusing...

Lori MacDonald || October 30, 2024

Bank of Canada’s fourth consecutive rate cut brings more relief to borrowers

The Bank of Canada delivered a 50-basis-point (bps) rate cut on Wednesday, bringing its policy rate to 3.75%, its lowest level in two years.This marks the fourth straight rate reduction, providing...

Lori MacDonald || October 16, 2024

What happens if you miss a mortgage payment?

Missing a mortgage payment can be a stressful experience, but it’s important to know what to expect if it happens and what options are available to prevent long-term consequences.For many homeowners,...