Mortgages by Carolann Young

Carolann Young || September 26, 2024

Big week for mortgage rules: Feds announce key reforms

It’s been a big week for mortgage news, with both the federal government and OSFI rolling out important updates. The government has shared more details on its mortgage reforms, like...

Carolann Young || September 16, 2024

CMHC Mortgage Cap Raised to $1.5M, 30-Year Amortizations Expanded

The federal government today announced some sweeping changes to Canada's mortgage system in an effort to improve housing affordability and access. One of the key changes...

Carolann Young || September 11, 2024

Should You Switch Lenders at Mortgage Renewal?

When your mortgage term ends, you don’t have to stick with your current lender. This is a great time to explore other options and potentially save money with a "mortgage switch."What is a Mortgage...

Carolann Young || September 04, 2024

Bank of Canada cuts policy rate to 4.25%

The Bank of Canada has dropped its policy rate to 4.25%, cutting it by 25 basis points this morning. This marks the third consecutive rate reduction by the central bank this year,...