On October 23, 2024, the Bank of Canada lowered its key interest rate to 3¾%, reducing it by 50 basis points. This marks the fourth consecutive rate cut by the central bank this year,...
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 consequences. For many...
On October 8, 2024, the Department of Finance Canada announced significant changes to mortgage insurance rules, allowing homeowners to add accessory dwelling units (ADUs) to their properties. This...
This question is often a dilemma for someone who has no expertise in the mortgage industry or who does not know an expert that can provide sound advice and guidance. Here are some tips to follow...
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