Mortgage Blog
Mortgage Payments Ease, Renewal Stress Grows in Canada
July 16, 2025 | Posted by: Sharon Black
Mortgage Payments Are Easing Yet Renewal Stress Is Real It feels like a collective exhale. After two grueling years of rapid interest‑rate hikes, the Bank of Canada has paused an ...
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Double-Barrel Down Payments: FHSA + New $60k HBP Withdrawal Rules Explained
July 9, 2025 | Posted by: Sharon Black
Scraping together a competitive down payment in 2025 often feels like a marathon. But two revamped federal programs-the First Home Savings Account (FHSA) and the beefed-up Home Buyers' Plan ...
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Bank of Canada June Rate Hold: Mortgage Strategy 2025
June 23, 2025 | Posted by: Sharon Black
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 (Source: Bank of Canada press release, June 4 202 ...
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Understanding Life Insurance in Ontario: Term vs. Whole Life
June 23, 2025 | Posted by: Sharon Black
When it comes to life insurance, most people fall into one of two camps: those who feel overwhelmed by the options, and those who know they should get coverage “someday” but haven’ ...
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Why the Bank of Canada’s Rate Pause Isn’t a Green Light for Cheap Mortgages
June 8, 2025 | Posted by: Sharon Black
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 hold its overnight lending rate at 4.75%, marking ...
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June 4-2025 - Bank of Canada holds policy rate at 2.75%
June 4, 2025 | Posted by: Sharon Black
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 April Monetary Policy Report, the US administration h ...
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Mortgage Insurance for Canadians: Top 5 Reasons Why It's Important
May 22, 2025 | Posted by: Sharon Black
Buying a home is one of the most significant financial decisions you'll make. As exciting as it is, it also comes with substantial financial responsibilities, including managing the mortgage debt effe ...
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Mortgage Renewals in 2025: Navigating Payment Increases Amid Rising Rates
May 17, 2025 | Posted by: Sharon Black
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 interest rates could mean for your monthly payments. Du ...
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Mortgage Renewals in Early 2025 – Where Might Rates End Up?
May 4, 2025 | Posted by: Sharon Black
A friendly guide for Canadian homeowners who are about to renegotiate one of the biggest contracts of their lives. Introduction - Why Everyone Is Talking About 2025 Renewals If your mortgage is co ...
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Protect Your Independence: Your Guide to Long‑Term Care Insurance
April 21, 2025 | Posted by: Sharon Black
Imagine enjoying your golden years with peace of mind—knowing that if you ever need a little extra help with daily tasks, you’re covered. That’s exactly what long‑term care (LTC) i ...
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