My Mortgage Blog — Latest Posts
Bank of Canada Raises Rate by 50 bps
The Bank of Canada raised its key lending rate by 50 basis points this morning, bringing it to 4.25%.In its statement, the Bank said it “will be considering whether the policy interest rate needs to...
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What you need to know about "trigger rates"
There’s been a great deal of talk in the media lately about variable-rate mortgage borrowers hitting their so-called “trigger rate.”Below, I’m going to explain what that trigger rate is, the...
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Top home improvement tips to consider before selling your home
A renovation is probably the last thing on your mind right before you plan to sell your home. However, there are some key areas where a little bit of TLC can go a long way to...
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The importance of choosing the right mortgage features
A common mistake some mortgage shoppers make is focusing entirely on getting the lowest rate.Don’t get me wrong, a low rate is important, of course, and that’s my goal too. But there are also other...
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