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My Mortgage Blog — Latest Posts
Bank of Canada drops Rate 50 basis points
Bank of Canada lowers its benchmark rate to 3.75%The Bank of Canada has dropped its policy rate to 3.75%, cutting it by 50 basis points this morning.This marks the fourth consecutive rate reduction by...
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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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Big week for mortgage rules: Feds announce key reforms
It’s been a big week for mortgage news, with both the federal government and OSFI rolling out important updates. The government has shared more details on its mortgage reforms, like...
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