Angela Letterio 
Mortgage Blog
Best Financing Solutions for you and your goals!
Category: Mortgage (6 posts)
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 ...
read more
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 ...
read more
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 ...
read more
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 ...
read more
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 ...
read more