Mortgages Blog

Reflections And Insights From The Other Side Of The Desk.

With recent Bank of Canada interest rate hikes, and more on the way, here is what you need to know about how these policy changes affect your mortgage.
At 10am on July 13th , the bank of Canada has raised its benchmark interest rate by the largest amount in 20 years in an effort to combat runaway inflation.
The housing market continues to favour sellers as we move into the summer months, but we are seeing shifts back towards a more balanced market.
Canada has seen a surge of international migration over the last few years. With all these new faces in town wanting to plant roots in this great country, it’s a good time to review some of the details surrounding mortgages and how individuals new to Canada can qualify to be homeowners.
If you are dreaming of your very own vacation home, there are ways to make it happen!
For many Canadians who are looking to retire but currently facing high debt load and ongoing expenses, as well as reduced income, it can be a challenge. This is where the reverse mortgage can help!