- May 4, 2025
- Posted by Roar Admin
Mortgage Renewals in Early 2025 – Where Might Rates End Up?
A friendly guide for Canadian homeowners who are about to renegotiate one of the biggest contracts of their lives. Introduction - Why Everyone Is Talking About 2025 Renewals If your mortgage is co
- April 16, 2025
- Posted by Roar Admin
April 16 - 2025 - Bank of Canada holds policy rate at 2.75%
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%. The major shift in direction of US trade policy a
- April 5, 2025
- Posted by Roar Admin
Tariffs and Their Effect on Interest Rates: What Canadian Homeowners Should Know
You might be surprised to learn how tariffs-taxes on imported goods-can affect your mortgage or home-buying plans. Tariffs can indirectly influence interest rates, which impacts mortgage payments and
- March 26, 2025
- Posted by Roar Admin
Spring Market Outlook: What Buyers and Homeowners Need to Know
Spring is here, and with it comes one of the busiest times in the Canadian housing market. As the snow melts and For Sale signs start popping up, many buyers and sellers are wondering: what's the mark
- March 21, 2025
- Posted by Roar Admin
Pros & Cons of Paying Off Your Mortgage Before Retirement
If retirement is approaching, you may be considering whether it's wise to pay off your mortgage early. As with many significant financial decisions, there isn't a one-size-fits-all answer. However,
- March 12, 2025
- Posted by Roar Admin
March 12-2025 - Bank of Canada reduces policy rate by 25 basis points to 2.75%
The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. The Canadian economy entered 2025 in a solid position, with infl
- March 7, 2025
- Posted by Roar Admin
Mortgage Renewal Coming UP and rates higher than 5 yrs ago - Consider increasing your amortization?
If your mortgage renewal date is approaching, it's important to take action. You might notice something that's hard to ignore: interest rates are significantly higher now than five years ago. You're n
- February 26, 2025
- Posted by Roar Admin
How will tariffs potentially affect Interest rates
As a mortgage broker in Canada, I often get questions about how global economic events might affect our financial landscape, particularly when it comes to interest rates and the cost of borrowing. One
- February 21, 2025
- Posted by Roar Admin
Navigating Uncertainty: How trade tensions could impact mortgages, housing, and rates
With trade wars and tariffs dominating the headlines recently, many are wondering what effect this could have on the housing market. Lower interest rates offer some relief but we're now facing the pot
- February 5, 2025
- Posted by Roar Admin
Is Now the Right Time to Refinance Your Mortgage?
With interest rates in Canada decreasing, many homeowners are considering whether this may be the ideal time to refinance. Refinancing involves replacing your current mortgage with a new one, idea
Colleen Macdonnell, AMP
Accredited Mortgage Professional
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