Bank of Canada Holds Rates Steady And Forecasts a Soft Landing.

Latest News Karen Vella 29 Jan

Bank of Canada Holds Rates Steady And Forecasts a Soft Landing. the bank of canada holds rates steady and expects rate cuts later this year Today, The Bank of Canada held the overnight rate at 5% for the fourth consecutive meeting but provided an outlook suggesting that monetary easing will begin by mid-year. The Bank […]

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Porting Your Mortgage or Using a “Blend and Extend” Product to Purchase a Different Property

General Karen Vella 3 Oct

Introduction Buying a new property is an exciting endeavor, but it often comes with financial considerations, especially if you already have an existing mortgage. Two common options to explore in such situations are “porting your mortgage” and obtaining a “blend and extend mortgage.” These strategies can help you navigate the transition to a new property […]

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Understanding Variable vs. Fixed Rate Mortgages

General Karen Vella 24 Jul

When it comes to purchasing a home in Ontario, one of the most crucial decisions you’ll face is choosing between a variable rate and a fixed rate mortgage. Both options have their advantages and disadvantages and understanding the differences between them can help you make an informed choice that aligns with your financial goals and […]

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