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My Mortgage Blog — Latest Posts
Bank of Canada's fourth consecutive rate cut brings more relief to borrowers
The Bank of Canada delivered a 50-basis-point (bps) rate cut on Wednesday, bringing its policy rate to 3.75%, its lowest level in two years. This marks the fourth straight...
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What happens if you miss a mortgage payment?
Missing a mortgage payment can be a stressful experience, but it's important to know what to expect if it happens and what options are available to prevent long-term...
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Federal program introduces easier refinancing for homeowners adding rental suite
The federal government announced a new mortgage refinancing program designed to help homeowners add secondary suites—such as basement apartments or garage conversions. The...
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Canada set to grow in different ways
The Canadian economy is poised to grow again, but in a very different way according to the Bank of Canada’s (BoC) recently-released Monetary Policy Report. The BoC expects global economic growth to...
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