My Mortgage Blog — Latest Posts
Is co-ownership right for you?
With interest rates rising, along with the overall cost of living, more people are turning to creative options to achieve homeownership. Co-ownership with family or friends—once a very niche...
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The Bank of Canada’s rate hikes may not be done yet
In addition to raising interest rates by another 75 basis points on September 7, the Bank of Canada also signalled that it’s not done hiking just yet. As expected, the Bank raised its overnight...
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How to reduce payment shock at renewal time
By now, “trigger points” should be in the vocabulary of nearly every variable rate mortgage holder.There’s been a great deal of coverage lately about trigger points due to the rise in interest rates...
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Bank of Canada Raises Rate by 75 bps
The Bank of Canada raised its key lending rate by 75 basis points this morning, bringing it to 3.25%.In its statement, the Bank said, “short-term inflation expectations remain high” and that inflation...
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