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Lori MacDonald || June 09, 2022

Your Mortgage Renewal Questions Answered

Many homeowners dread mortgage renewal time, especially when interest rates are rising as they are today.It means you’ll likely be resetting your mortgage at a higher rate, with higher monthly...

Lori MacDonald || June 04, 2022

Breaking down the Bank of Canada’s latest rate hike

Variable-rate mortgage holders with fixed payments, don’t have to worry about fluctuations in their monthlymortgage payments. Instead of your payment increasing, the amount of money going towards...

Lori MacDonald || May 09, 2022

House Price Growth to Moderate but Remain Elevated This Year, Says CMHC

Despite rising interest rates, Canada’s national housing agency says it expects the pace of growth for both home sales and prices to remain elevated this year.However, it does see the pace of growth...

Lori MacDonald || April 21, 2022

Prime Rate Rises to 3.20% Following Bank of Canada Rate Hike

The Bank delivered an expected 50-basis-point hike to its benchmark rate. Within hours, the Big 5 banks announced a similar increase to their prime rates, which are the basis for pricing variable-rate...