GST Rebate for First-Time Home Buyers Buying your first home is exciting, stressful, and full of decisions you didn’t know you’d have to make. One thing that can make the… Read More »First Time Home Buyer GST Rebate 2025
2026 Bank of Canada Rate Tracker Stay informed on the 2026 policy and interest announcements. Updates are published at 09:45 (ET). Current Bank of Canada 4.45% National Prime Lending Rate… Read More »2026 Bank of Canada Interest Rate Announcements
2025 Bank of Canada interest rate announcements The scheduled dates for the interest rate announcements for 2025 are as follows: All 2025 Bank of Canada interest rate announcements will take… Read More »2025 Bank of Canada Interest Rate Decisions
It’s a Christmas Gift! As of Dec 11th 2024, Canada’s prime lending rate is now 5.45%! That’s a 50 basis point drop! Canadian Economic Performance and Housing Market Update The Bank… Read More »December 2024: Bank of Canada announces another super-sized interest rate cut
Resources Document Guide When a lender approves a mortgage, they need to have all the right documents in their file to support their decision. Lenders want to see proof of… Read More »Essential Paperwork You Need for Mortgage Approval
When you get to the mortgage application stage, you’ll need to gather a bunch of documents for your lender. These help them understand your finances, ID, and the property you’re… Read More »Mortgage Documents: The Essential Guide to What You’ll Need When Applying
Variable-rate & Adjustable-rate mortgages VRM’s (Variable Rate Mortgage) & ARM’s (Adjustable Rate Mortgages) are based on the prime rate in Canada. This means that the amount of interest you pay… Read More »Mastering Fixed Rate vs. Variable Rate Mortgages: The Ultimate Guide in 2024!
Fixed Rates & Bond Yields: The 3 W’s “The Bank of Canada cut the rate, so my fixed-rate mortgage should drop today, right?” Real Talk: This is a myth. Live… Read More »Fixed Rates & Bond Yields: The 3 W’s
As of October 23rd 2024, Canada’s prime lending rate is now 5.95%! That’s a 50 basis point drop! The bond yield on the 22nd was trending upwards for no apparent… Read More »October 2024: Exciting 50-Point Bank of Canada Announcement
Get ready for some exciting changes to mortgage default insurance rules, effective December 15th, 2024! These updates are designed to make homeownership more accessible for a wider range of buyers. Higher… Read More »Big News for Homebuyers! Default Insurance Rules Are Changing!