Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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Making sense of the Bank of Canada interest rate decision on March 12, 2025 + MORE Mar 13th
Today marks the seventh cut in a row for Canada’s benchmark borrowing rate, as our central bank does what it can to pad against tariff threats and possible recession.
The Bank of Canada (BoC) lowered its overnight lending rate—which lenders use to set their prime rates, and, by extensio.... More »
Mortgage market braces for impact as one million renewals loom and defaults climb + MORE Mar 16th
Canada’s mortgage market is rebounding, with new originations up 39% year-over-year, according to Equifax’s latest Q4 Consumer Trends report..... More »
Personal loan versus line of credit: Which should you choose?
– moneysense.ca
Life is full of big expenses. If you ever need a new car, have a home emergency or simply want to take a vacation, might consider getting credit to pay for it. Both personal loans and lines of credit are ways to borrow money for large spends, but there are some significant differences between the two types of credit. This article provides a roadmap to deciding which is best for your needs.
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Why private mortgage presentation matters: Red flags to watch for
– canadianmortgagetrends.com
In this article, we’ll explore the topic of private mortgage solicitations. And trust me, it’s more exciting than watching paint dry (though perhaps not as relaxing).
Three big banks cut mortgage rates this week, one drops 5-year fixed to 3.99%
– canadianmortgagetrends.com
Following dramatic swings in the bond market—and broader economic uncertainty sparked by President Donald Trump’s tariff threats—three of Canada’s big banks have slashed their fixed mortgage rates this week.
