Angela Letterio 
Mortgage Blog
Best Financing Solutions for you and your goals!
Category: Mortgage (13 posts)
Jan 28-2026-Bank of Canada maintains policy rate at 2.25%
January 28, 2026 | Posted by: Angela Letterio
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. The outlook for the global and Canadian economies is ...
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Insured Mortgage Rules and Affordability in 2026: A Practical Guide for Canadian Homebuyers
January 25, 2026 | Posted by: Angela Letterio
If you are trying to buy a home in Canada right now, you have probably felt the disconnect. Rates are lower than they were at the peak, but affordability still feels tight. Home prices in many ...
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Housing Supply, Affordability, and Inflation, Why Buying a Home Still Feels Hard in Canada
December 23, 2025 | Posted by: Angela Letterio
Housing Supply, Affordability, and Inflation, Why Buying a Home Still Feels Hard in Canada Many Canadians were hopeful that easing inflation and early interest rate relief would make buying a home eas ...
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Bank of Canada Rate Hold, What It Means for Variable Rates and 2026 Renewals
December 15, 2025 | Posted by: Angela Letterio
Bank of Canada Rate Hold, What It Means for Mortgages Bank of Canada Rate Hold, What It Means for Variable Rates and 2026 Renewals When the Bank of Canada announces a rate decision, it immediately gr ...
read moreDec 10-2025 - Bank of Canada maintains policy rate at 2.25%
December 10, 2025 | Posted by: Angela Letterio
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. Major economies around the world continue to show res ...
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Fall 2025 Canadian Mortgage Trends & Insights Report
November 21, 2025 | Posted by: Angela Letterio
Did You Know ? Did you know that despite encouraging signs of stabilization in the Canadian mortgage market this fall, the national household debt-to-income ratio remained at an eye-opening 181.8 % in ...
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Nov. 2025 - How the Bank of Canada Rate Cut Affects Your Refinancing Strategy
November 10, 2025 | Posted by: Angela Letterio
On October 29 2025, the Bank of Canada (BoC) reduced its target overnight rate by 25 basis points to 2.25 %. For Canadian homeowners who are thinking about refinancing their mortgage, this move matter ...
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Bank of Canada lowers policy rate to 2.25%
October 29, 2025 | Posted by: Angela Letterio
The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. With the effects of US trade actions on econo ...
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Canadian Home Sales Poised for a Strong Finish in 2025
October 20, 2025 | Posted by: Angela Letterio
The Canadian housing market is showing signs of renewed strength as we approach the end of 2025. According to the latest report from the Canadian Real Estate Association (CREA), home sales across the ...
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How Falling Rates Open Doors for Gig Workers, Mortgages for Non-Traditional Incomes
October 6, 2025 | Posted by: Angela Letterio
After several policy cuts, the Bank of Canada's overnight rate sits at 2.50% as of September 17, 2025, down from 3.00% in January. This easing has lowered borrowing costs and improved affordab ...
read moreSeptember 17-2025 - Bank of Canada lowers policy rate to 2.5%
September 17, 2025 | Posted by: Angela Letterio
The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%. After remaining resilient to sharply higher ...
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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 ...
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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 ...
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