Economic Context and ImplicationsImpact on MortgagesNavigating the Mortgage LandscapeWhat Should I do Next? The Bank of Canada has reduced its key interest rate by 0.25%, which means the key interest rate is now 4.75%. This marks the first decrease since 2022. This...
For homeowners facing mortgage renewal in Calgary, one of the critical decisions is choosing between a fixed or variable rate mortgage. With the real estate market and economic climate continually evolving, this choice can significantly impact your financial...
Like many other countries, Canada kept interest rates low and avoided increases during the pandemic. However, now that we’re moving towards a post-pandemic economy, those frozen rates are likely to start going up, and thanks to various problems around the world,...
When it comes to getting a mortgage for the first time, there’s a lot that might not be familiar to you. But one thing you may have heard prior to starting your research is the debate about fixed vs variable rate mortgages. While talking to a mortgage...
