Mortgage Blog

CMHC - Monthly Housing Starts - July 2025

September 3, 2025 | Posted by: Sarabjit Dhuna

Canadian Monthly Housing Starts and Other Construction Data Tables - July 2025 At our mortgage brokerage, we make it a priority to follow the Canada Mortgage and Housing Corporation's (CMHC) monthl ...

With Inflation at 1.7%, What This Means for Canadians Considering a Home Purchase or Mortgage Refinance

August 19, 2025 | Posted by: Sarabjit Dhuna

Did You Know? Did you know that Canada's latest inflation figure has cooled to 1.7% according to Statistics Canada? For everyday Canadians, this is more than a headline. It can point to lower bor ...

Everything You Need to Know About Cash-Out Refinance in Canada

August 12, 2025 | Posted by: Sarabjit Dhuna

Introduction For Canadian homeowners, home equity is more than just a number on a statement—it's a powerful financial tool. One of the most common ways to tap into that equity is through a cash ...

Is the Mortgage Stress Test on the Way Out?

August 7, 2025 | Posted by: Sarabjit Dhuna

Is the Mortgage Stress Test on the Way Out? How OSFI's New Loan-to-Income Rules Could Reshape Borrowing in 2025-26 Canadian borrowers have spent the past seven years living with the mortgage "s ...

Bank of Canada holds policy rate at 2.75%

July 30, 2025 | Posted by: Sarabjit Dhuna

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%. While some elements of US trade policy have started to become m ...

Fixed vs. Variable Mortgage Rates in Canada (2025): Which Should You Choose?

July 29, 2025 | Posted by: Sarabjit Dhuna

If you're buying a home or renewing your mortgage in Canada this year, one of the biggest decisions you’ll face is: Should I go with a fixed or variable mortgage rate? With the Bank of Canada b ...

Mortgage Payments Ease, Renewal Stress Grows in Canada

July 16, 2025 | Posted by: Sarabjit Dhuna

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 ...

Double-Barrel Down Payments: FHSA + New $60k HBP Withdrawal Rules Explained

July 9, 2025 | Posted by: Sarabjit Dhuna

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 ...

Bank of Canada June Rate Hold: Mortgage Strategy 2025

June 23, 2025 | Posted by: Sarabjit Dhuna

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 ...

Can You Switch Mortgage Lenders in Canada? Here's How to Save Thousands

June 19, 2025 | Posted by: Sarabjit Dhuna

When it comes to managing one of your biggest financial commitments — your mortgage — staying with the same lender for the entire term isn’t your only option. In fact, switching mort ...