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Lori MacDonald || February 02, 2023

Bank of Canada hikes rates by 0.25%, but is now likely to hit the pause button

The Bank of Canada delivered its eighth consecutive rate hike on Wednesday, January 25, but said it would likely now pause to assess the impacts of its rate hikes to date. As expected, the Bank of...

Lori MacDonald || January 13, 2023

Your Mortgage Renewal Questions Answered

Many homeowners dread mortgage renewal time, especially when interest rates are rising as they are today.It means you’ll likely be resetting your mortgage at a higher rate, with higher monthly...

Lori MacDonald || January 13, 2023

Is now a good time to refinance your mortgage?

The big news in the mortgage world these days has been the steady increase in fixed mortgage rates.Since the start of the year, fixed rates have risen approximately one percentage point, or 100 basis...

Lori MacDonald || January 10, 2023

What you need to know about Canada’s new foreign buyer ban

The start of the new year saw Canada’s new foreign buyer ban officially come into effect.The two year-ban, originally passed by Parliament in June to help address housing affordability challenges,...