Mortgage Blog

Has Your Income Changed? What to Check Before Refinancing Your Mortgage

September 14, 2026 | Posted by: Jim Payer

Your hours have been reduced. You have started a new job. Or your household is managing on one income while you work out what comes next. If you own a home, refinancing may seem like a practical way t ...

Sept 2-2026 - Bank of Canada maintains the policy rate at 2.25%

September 2, 2026 | Posted by: Jim Payer

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. The continuing conflict in the Middle East is keeping ...

Canada Housing Starts Slow: What Buyers Should Know

August 21, 2026 | Posted by: Jim Payer

Canada is still building a significant number of homes, but the latest housing construction numbers show that the pace of new projects is beginning to slow. For Canadians hoping to buy a home, ...

Canada Is Building More Homes, Why Is Buying Still Hard?

August 5, 2026 | Posted by: Jim Payer

You may have seen headlines suggesting that Canada is building more housing. That sounds like good news for homebuyers, and in many ways it is. More homes are essential to improving housing choice ...

Should Canadian Homebuyers Purchase Now or Wait for More Housing Supply?

July 24, 2026 | Posted by: Jim Payer

Canadian homebuyers are hearing two different messages. One suggests that more homes are being built and buyers should wait for additional supply. The other warns that slower construction could limit ...

July 15-2026 - Bank of Canada maintains the policy rate at 2.25%

July 15, 2026 | Posted by: Jim Payer

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. Canada's economy is showing signs of improvement. Gro ...

2026 First-Time Buyer Mortgage Rules, What Lower Payments Could Really Mean

July 7, 2026 | Posted by: Jim Payer

Buying a first home in Canada is still a major financial decision. Higher home prices, mortgage qualification rules, down payment requirements, closing costs, and day-to-day affordability all matter. ...

Renewing Soon? Why Sticky Inflation Could Affect Your Mortgage Strategy This Summer

June 22, 2026 | Posted by: Jim Payer

If your mortgage is coming up for renewal this year, you may be watching interest rate news more closely than usual. That makes sense. A renewal is not just paperwork from your lender, it is a cha ...

June 10, 2026 - Bank of Canada maintains the policy rate at 2.25%

June 10, 2026 | Posted by: Jim Payer

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. The conflict in the Middle East is now in its fourth ...

First-Time Buyer GST/HST Rebate, What It Means for New Home Affordability in Canada

June 4, 2026 | Posted by: Jim Payer

Buying a first home in Canada has not been easy. Between higher home prices, changing mortgage rates, stricter qualification standards, and the rising cost of everyday life, many first-time buyers hav ...

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