Mortgage Blog
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 ...
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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: Sarabjit Dhuna
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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Benefits of owning investment Property in Canada
June 5, 2025 | Posted by: Sarabjit Dhuna
Owning investment property in Canada comes with several tax benefits that can help reduce your taxable income and increase your overall return on investment. Here are the main tax advantages: 1. Dedu ...
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June 4-2025 - Bank of Canada holds policy rate at 2.75%
June 4, 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%. Since the April Monetary Policy Report, the US administration h ...
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Difference between HELOC and Reverse Mortgage
May 22, 2025 | Posted by: Sarabjit Dhuna
In Canada, Reverse Mortgages and HELOCs (Home Equity Lines of Credit) are two different financial products that allow homeowners to access the equity in their homes, but they differ significantly in s ...
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Mortgage Renewals in 2025: Navigating Payment Increases Amid Rising Rates
May 17, 2025 | Posted by: Sarabjit Dhuna
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: Sarabjit Dhuna
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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How to utilize most of the home equity?
May 1, 2025 | Posted by: Sarabjit Dhuna
Making the most of your home equity means leveraging the value you’ve built up in your home to improve your financial situation or achieve other goals. Here are the main ways to do that: 1. Hom ...
read moreApril 16 - 2025 - Bank of Canada holds policy rate at 2.75%
April 16, 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%. The major shift in direction of US trade policy a ...
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What is Commercial Mortgage and how to get it?
April 15, 2025 | Posted by: Sarabjit Dhuna
What Is a Commercial Mortgage and How to Get One? If you're a business owner or investor looking to purchase commercial property, you've likely come across the term commercial mortgage. It might so ...
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