Mortgage Blog
Making Sure your Mortgage Fits
BoC Cuts Rate by 0.25%: What It Means for Canada’s Economy (September 17, 2025)
September 17, 2025 | Posted by: Simon Lyn
Today, the Bank of Canada lowered its overnight policy rate by 25 basis points, bringing it down from 2.75% to 2.50%. It’s the first rate cut since March, and comes amid a backdrop of softening ...
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Slowing Growth, Rising Inflation – What It Means for Your Mortgage Strategy
August 6, 2025 | Posted by: Simon Lyn
It’s been a bumpy ride in the markets lately, and this week was no exception. Recent U.S. economic data has painted a mixed picture: growth is slowing, but inflation is proving stubborn—le ...
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How Steel & Aluminum Tariffs Could Impact the Canadian Housing Market & Mortgages
February 12, 2025 | Posted by: Simon Lyn
How Steel & Aluminum Tariffs Could Impact the Canadian Housing Market & Mortgages The potential steel and aluminum tariffs won’t necessarily raise material costs in Canada, but ...
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How Trump’s Tariffs Could Shake Up Mortgage Rates
January 30, 2025 | Posted by: Simon Lyn
At Wednesday’s BoC press conference, Governor Tiff Macklem admitted he’d be closely watching the news if Trump imposes tariffs on Saturday—because even the BoC isn’t sure how i ...
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Impact of Trump Tariffs on Canadian Housing Activity
January 21, 2025 | Posted by: Simon Lyn
President Trump, upon taking office, has opted not to impose immediate tariffs but instead issued a trade memo directing federal agencies to assess trade relationships with China, Canada, and Mexico. ...
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Heating Up: Canada's Housing Market Skips the Chill
December 17, 2024 | Posted by: Simon Lyn
Heating Up: Canada's Housing Market Skips the Chill Just when you think it’s time to settle in for a quiet winter, the Canadian housing market decides it’s not done heating things up! In ...
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US Election Trump Mortgages
November 7, 2024 | Posted by: Simon Lyn
As the U.S. election unfolds with Donald Trump securing a significant win, many Canadians are left wondering how this could impact their financial landscape—specifically when it comes to fixed-r ...
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Bank of Canada Cuts Key Interest Rate to 3.75%: What It Means for You
October 23, 2024 | Posted by: Simon Lyn
Bank of Canada Cuts Key Interest Rate to 3.75%: What It Means for You The Bank of Canada (BoC) has just made a significant move, cutting its key interest rate to 3.75%. This is major news for homeown ...
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Reverse Mortgages in Canada: What You Need to Know
September 24, 2024 | Posted by: Simon Lyn
Reverse Mortgages in Canada: What You Need to Know A reverse mortgage is a financial tool that allows Canadian homeowners aged 55 and older to tap into their home’s equity without having to sel ...
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Changes for Homebuyers: Higher Price Caps For Insured Mortgages & Lower Down Payments!
September 17, 2024 | Posted by: Simon Lyn
Big News for Home Buyers! Exciting changes are coming for homebuyers in Canada! Starting December 15th, the government is raising the price cap for insured mortgages to $1.5 million—the first i ...
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