- June 23, 2025
- Melissa Berrigan
Bank of Canada June Rate Hold: Mortgage Strategy 2025
Why the June Rate Hold Matters On June 4 2025, the Bank of Canada (BoC) left its overnight rate unchanged at 2.75 % for the fourth meeting in a row...
- June 8, 2025
- Melissa Berrigan
Why the Bank of Canada’s Rate Pause Isn’t a Green Light for Cheap Mortgages
If you've been waiting for interest rates to drop before locking in a mortgage, you're not alone. On June 5, 2025, the Bank of Canada (BoC) decided to...
- June 4, 2025
- Melissa Berrigan
June 4-2025 - Bank of Canada holds policy rate at 2.75%
The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. Since the Apr...
- May 17, 2025
- Melissa Berrigan
Mortgage Renewals in 2025: Navigating Payment Increases Amid Rising Rates
If you're among the thousands of Canadian homeowners with a mortgage renewal coming up in 2025, you might already be concerned about what rising inter...
- May 4, 2025
- Melissa Berrigan
Mortgage Renewals in Early 2025 – Where Might Rates End Up?
A friendly guide for Canadian homeowners who are about to renegotiate one of the biggest contracts of their lives. Introduction - Why Everyone Is T...
- April 16, 2025
- Melissa Berrigan
April 16 - 2025 - Bank of Canada holds policy rate at 2.75%
The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. ...
- April 5, 2025
- Melissa Berrigan
Tariffs and Their Effect on Interest Rates: What Canadian Homeowners Should Know
You might be surprised to learn how tariffs-taxes on imported goods-can affect your mortgage or home-buying plans. Tariffs can indirectly influence in...
- March 21, 2025
- Melissa Berrigan
Pros & Cons of Paying Off Your Mortgage Before Retirement
If retirement is approaching, you may be considering whether it's wise to pay off your mortgage early. As with many significant financial decisions,...
- March 12, 2025
- Melissa Berrigan
March 12-2025 - Bank of Canada reduces policy rate by 25 basis points to 2.75%
The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. The Canadian e...
- March 7, 2025
- Melissa Berrigan
Mortgage Renewal Coming UP and rates higher than 5 yrs ago - Consider increasing your amortization?
If your mortgage renewal date is approaching, it's important to take action. You might notice something that's hard to ignore: interest rates are sign...