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My Mortgage Blog — Latest Posts
The Bank of Canada says its Rate-hike Phase is Almost Over
The Bank of Canada confirmed that additional interest rate increases are necessary, but that we’re now nearing the end of the current rate-hike cycle.Bank of Canada Governor Tiff Macklem made the...
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Should you co-sign for someone?
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 segment of...
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Why Shopping Based On Interest Rate Should Not Be Your Main Goal In Choosing A Mortgage
A growing number of mortgage consumers are looking for features beyond just a great rate.Just 13% of mortgage holders said rate was their sole consideration when choosing their mortgage product last...
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Bank of Canada Raises Rate by 50 BPS
The Bank of Canada has just raised its key lending rate by 50 basis points, bringing it to 1.00%.This marks the second change to the Bank's overnight target rate this year and the first 50-bps rate...
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