News and Tips
Adding Value to Your Life with News, Tips and Entertainment
Coming Soon: U.S.-Style 30-Year Fixed Mortgages in Canada?
Could 30-Year Fixed Mortgages Work in Canada? Imagine this: You buy a house and lock in a steady mortgage rate for the next 30 years. No surprises, no hikes. Want to pay it off early? No problem—no massive penalties. Rates drop--just refinance! That’s how most...
Big Mortgage Changes for Canadians
Big mortgage changes coming today, on December 15, and they’re a total game-changer! With payments dropping by up to 25% compared to last year, it’s the perfect time to help your clients see what’s possible. The Big Picture Imagine a buyer aiming for a $750,000 home...
Bank of Canada Cuts Interest Rates: What It Means for Real Estate
On October 23, 2024, the Bank of Canada made a big move, cutting its key interest rate by 0.5%, which dropped the overnight rate to 3.75%. Now, the Bank Rate sits at 4%, and the deposit rate is aligned with the overnight rate too. This decision is all about giving the...
New Mortgage Rules
The Deputy Prime Minister and Minister of Finance, Chrystia Freeland, announced significant changes to mortgage rules. Many of these changes reflect MPC’s persistent advocacy on behalf of our industry and Canadian homebuyers. Among the new measures are several key...
Canadian Budget 2024 Highlights
Budget 2024 has put a fresh spin on the Liberal government’s plan to make life more affordable for Canadians with lower to moderate incomes. They've set aside a whopping $53 billion to spend over the next five years ($57 billion if you count what they started spending...
Cash Back MasterCard – Earn 5X Reward Points on Home Improvement Purchases
With our new Cash Back MasterCard it doesn't matter if you're buying groceries or gas, dining out with friends, getting a haircut or seeing the...
Calculate Mortgage Payments
Why Not Contact Me Today for a No-obligation Mortgage Quote?
My normal business hours are 9am to 9pm. If you contact me during those times I guarantee a response within 30 minutes. Outside of these regular business hours It may be a few hours until you get a reply. If you're really in a hurry - like your bank just refused to approve your mortgage - please text me a quick message with the story and I will try to get back to you ASAP.