The Bank of Canada has delivered its first rate cut, lowering its key lending rate by 25 basis points to 4.75% (previously noted as 5.00%).This is the central bank’s first rate cut since the pandemic in March 2020. In its statement, the Bank said, “With...
Given today’s affordability challenges, finding your perfect dream home right off the bat isn’t always feasible. But did you know there are financing options that allow you to incorporate renovation costs directly into your mortgage? This means as long as you...
If you are currently in the market for a mortgage, you should be familiar with the term “mortgage default insurance.” For those who aren’t or if you need a bit of a refresher, I’m going to outline some of the basics about mortgage default insurance and how...
