Mortgage Blog
Getting you the mortgage you deserve
Category: Mortgage (5 posts)
Sept 2-2026 - Bank of Canada maintains the policy rate at 2.25%
September 2, 2026 | Posted by: Matthew Austen
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. The continuing conflict in the Middle East is keeping ...
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Canada Is Building More Homes, Why Is Buying Still Hard?
August 5, 2026 | Posted by: Matthew Austen
You may have seen headlines suggesting that Canada is building more housing. That sounds like good news for homebuyers, and in many ways it is. More homes are essential to improving housing choice ...
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Should Canadian Homebuyers Purchase Now or Wait for More Housing Supply?
July 24, 2026 | Posted by: Matthew Austen
Canadian homebuyers are hearing two different messages. One suggests that more homes are being built and buyers should wait for additional supply. The other warns that slower construction could limit ...
read moreJuly 15-2026 - Bank of Canada maintains the policy rate at 2.25%
July 15, 2026 | Posted by: Matthew Austen
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. Canada's economy is showing signs of improvement. Gro ...
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2026 First-Time Buyer Mortgage Rules, What Lower Payments Could Really Mean
July 7, 2026 | Posted by: Matthew Austen
Buying a first home in Canada is still a major financial decision. Higher home prices, mortgage qualification rules, down payment requirements, closing costs, and day-to-day affordability all matter. ...
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