Mortgage Surprises

5 Mortgage Switch Surprises to keep an eye out for. Switching your mortgage can save you thousands however choosing the right one can be a challenge. With the Government of Canada 5-year “bond rates” being all over the map, interest rates are changing daily. Lenders often have rate specials to…

Bank of Canada

As you know, your variable rate mortgage, line of credit and/or student loans are all based on the Prime Rate and here is your personal update from me on the recent Bank of Canada announcement on changes to their Overnight Rate which in most cases impacts your Prime Rate. At…

The New Federal Budget,

What Does it Mean for You? The new Federal budget certainly grabbed the attention of many Canadians. Unfortunately, the announcement turned into a cliff-hanger, as we have to wait for the next episode to find out what is really going to be delivered. The budget contains two key components aimed…
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