Real Estate Blog for Buyers & Sellers

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...

February 26, 2025
Melissa Berrigan

How will tariffs potentially affect Interest rates

As a mortgage broker in Canada, I often get questions about how global economic events might affect our financial landscape, particularly when it come...