Mortgage Blog

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Decorating Your New Home on a Budget

Decorating Your New Home on a Budget

February 28, 2024 | Posted by: ReferralMortgages.com

If you're considering purchasing a new home, you may encounter an unexpected problem. Your old decor doesn't suit your new space. This mismatch between old and new is especially likely when downsi ...

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Managing Your Mortgage Renewal in a High-Rate Environment

Managing Your Mortgage Renewal in a High-Rate Environment

February 10, 2024 | Posted by: ReferralMortgages.com

Hello homeowners. With interest rates higher than they have been in many years, many of you might be anxious about your upcoming mortgage renewal. It's completely understandable, and you're not alon ...

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Bank of Canada maintains policy rate, continues quantitative tightening

Bank of Canada maintains policy rate, continues quantitative tightening

January 24, 2024 | Posted by: ReferralMortgages.com

The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5.25% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. Global e ...

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The Facts About Real Estate Fees

The Facts About Real Estate Fees

January 10, 2024 | Posted by: ReferralMortgages.com

Understanding the various fees in the Canadian real estate market may seem complicated, but with a little knowledge, you can navigate the process easily. Whether you are buying your first home ...

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Navigating High Interest Rates: Strategies for New Home Buyers Across Canada

Navigating High Interest Rates: Strategies for New Home Buyers Across Canada

December 19, 2023 | Posted by: ReferralMortgages.com

Introduction In today's economic landscape, we're seeing a trend that can be quite intimidating for anyone looking to step into the world of home ownership – high interest rates. But fear not! This ...

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Navigating Your Mortgage: Practical Tips from the Experts

Navigating Your Mortgage: Practical Tips from the Experts

December 14, 2023 | Posted by: ReferralMortgages.com

Managing a mortgage is a journey that requires careful navigation. Mortgage brokers understand the challenges and uncertainties homeowners face when it comes to their mortgage payments. Today's e ...

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Bank of Canada maintains policy rate, continues quantitative tightening

Bank of Canada maintains policy rate, continues quantitative tightening

December 6, 2023 | Posted by: ReferralMortgages.com

The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5.25% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. The ...

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Navigating the New Normal: How Remote Work is Reshaping the Canadian Mortgage and Real Estate Landscape

Navigating the New Normal: How Remote Work is Reshaping the Canadian Mortgage and Real Estate Landscape

December 3, 2023 | Posted by: ReferralMortgages.com

In recent years, we've witnessed a seismic shift in our work lives, notably the rise of remote work catalyzed by the COVID-19 pandemic. This change isn't just about swapping office desks for dinin ...

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Canada's New Updated Mortgage Charter

Canada's New Updated Mortgage Charter

November 23, 2023 | Posted by: ReferralMortgages.com

The Canadian Mortgage Charter spells out the rights consumers have when they are renegotiating mortgages. It calls on financial institutions to provide better relief measures over the next three y ...

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Understanding Fixed vs. Variable Rate Mortgages

Understanding Fixed vs. Variable Rate Mortgages

November 15, 2023 | Posted by: ReferralMortgages.com

If you're on the cusp of getting a mortgage, or if you're considering refinancing, you've likely encountered the terms "fixed rate" and "variable rate" mortgage. These are the two primary pathways i ...

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