Mortgage Blog
Honesty-Integrity-Commitment-Professionalism
Bank of Canada June Rate Hold: Mortgage Strategy 2025
June 23, 2025 | Posted by: Kiruban Kana
Why the June Rate Hold Matters On June 4 2025, the Bank of Canada (BoC) left its overnight rate unchanged at 2.75 % for the fourth meeting in a row (Source: Bank of Canada press release, June 4 202 ...
read more
Why the Bank of Canada’s Rate Pause Isn’t a Green Light for Cheap Mortgages
June 8, 2025 | Posted by: Kiruban Kana
If you've been waiting for interest rates to drop before locking in a mortgage, you're not alone. On June 5, 2025, the Bank of Canada (BoC) decided to hold its overnight lending rate at 4.75%, marking ...
read more
June 4-2025 - Bank of Canada holds policy rate at 2.75%
June 4, 2025 | Posted by: Kiruban Kana
The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. Since the April Monetary Policy Report, the US administration h ...
read more
What Happens When You Invest $100,000 in an RRSP, TFSA, or Taxable Account?
May 28, 2025 | Posted by: Kiruban Kana
If you're saving for the future—whether it's retirement, a home, or just financial freedom—where you invest matters just as much as how much you invest. Kiruban Kana Let’s break dow ...
read more
Mortgage Renewals in 2025: Navigating Payment Increases Amid Rising Rates
May 17, 2025 | Posted by: Kiruban Kana
If you're among the thousands of Canadian homeowners with a mortgage renewal coming up in 2025, you might already be concerned about what rising interest rates could mean for your monthly payments. Du ...
read more
Understanding Mortgage Penalties
May 6, 2025 | Posted by: Kiruban Kana
Many homeowners—especially those without a mortgage broker—don’t fully understand mortgage penalties. And I get it! Financing a home can be overwhelming. But ...
read more
Mortgage Renewals in Early 2025 – Where Might Rates End Up?
May 4, 2025 | Posted by: Kiruban Kana
A friendly guide for Canadian homeowners who are about to renegotiate one of the biggest contracts of their lives. Introduction - Why Everyone Is Talking About 2025 Renewals If your mortgage is co ...
read moreApril 16 - 2025 - Bank of Canada holds policy rate at 2.75%
April 16, 2025 | Posted by: Kiruban Kana
The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. The major shift in direction of US trade policy a ...
read more
Tariffs and Their Effect on Interest Rates: What Canadian Homeowners Should Know
April 5, 2025 | Posted by: Kiruban Kana
You might be surprised to learn how tariffs-taxes on imported goods-can affect your mortgage or home-buying plans. Tariffs can indirectly influence interest rates, which impacts mortgage payments and ...
read more
Variable-Rate Mortgages: What You Should Know
April 1, 2025 | Posted by: Kiruban Kana
Shakespeare might have thought ‘to be or not to be’ was the ultimate question, but he wasn’t living in 2025 trying to minimize bank fees and interest charges while maximizing financi ...
read more