Mortgage Blog

CMHC - Monthly Housing Starts - July 2025

September 3, 2025 | Posted by: Angela Letterio

Canadian Monthly Housing Starts and Other Construction Data Tables - July 2025 At our mortgage brokerage, we make it a priority to follow the Canada Mortgage and Housing Corporation's (CMHC) monthl ...

With Inflation at 1.7%, What This Means for Canadians Considering a Home Purchase or Mortgage Refinance

August 19, 2025 | Posted by: Angela Letterio

Did You Know? Did you know that Canada's latest inflation figure has cooled to 1.7% according to Statistics Canada? For everyday Canadians, this is more than a headline. It can point to lower bor ...

Is the Mortgage Stress Test on the Way Out?

August 7, 2025 | Posted by: Angela Letterio

Is the Mortgage Stress Test on the Way Out? How OSFI's New Loan-to-Income Rules Could Reshape Borrowing in 2025-26 Canadian borrowers have spent the past seven years living with the mortgage "s ...

Bank of Canada holds policy rate at 2.75%

July 30, 2025 | Posted by: Angela Letterio

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%. While some elements of US trade policy have started to become m ...

Home Selling Season is Around the Corner: Tips to Get Ready

August 3, 2021 | Posted by: Angela Letterio

Home selling season is rapidly approaching. In most cases, spring is the top time to sell a home. One reason spring is the top-selling season is that home buyers align their moving schedule with their ...

Should You Pay Off Your Mortgage Early?

July 27, 2021 | Posted by: Angela Letterio

It's a dream to be able to pay off your mortgage early, but is there a downside? While it sounds like a great idea, there are some factors to consider before doing so. This article will ex ...

Real Estate 101: Essential Tips for First-Time Home Buyers

July 20, 2021 | Posted by: Angela Letterio

Buying a home is always a big decision, but when you're a first-time buyer it's even more important to get it right. Without home-buying experience to draw on, it's easy to make mistakes you could reg ...

10 Essential Tips for Taking Out Your First Mortgage

July 13, 2021 | Posted by: Angela Letterio

Taking out your first mortgage presents a major financial commitment, possibly the biggest one you'll ever make, so it's crucial that you get the best deal available. Getting a mortgage is often not a ...

Should You Refinance Your Mortgage?

July 6, 2021 | Posted by: Angela Letterio

There are a multitude of reasons why a homeowner may be considering refinancing their mortgage. However, before any final decisions are made it is always a good idea to consider carefully whether refi ...

Should You Spend the Full Mortgage Amount You're Approved For?

June 29, 2021 | Posted by: Angela Letterio

Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not ...

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