Mortgage Broker Blog

  • July 8, 2024
  • Posted by Bryan Guertin

7 Things to Know When You Are Looking to Purchase a Cottage or Vacation Home

Purchasing a cottage or vacation home can be an exciting venture, offering a perfect getaway from the hustle and bustle of city life. However, it's essential to approach this purchase with careful con

  • June 21, 2024
  • Posted by Bryan Guertin

7 Smart Strategies to Help Save Money on Your Mortgage

Hello, and welcome to our blog! If you're reading this, chances are you're looking for ways to make your mortgage more manageable. Whether you're a first-time homebuyer or a seasoned homeowner, findin

  • June 7, 2024
  • Posted by Bryan Guertin

How Lower Interest Rates Can Impact Your Mortgage: Insights for Canadians

The Bank of Canada recently made headlines by lowering its interest rates for the first time in over two years. This decision has significant implications for Canadians, particularly t

  • June 5, 2024
  • Posted by Bryan Guertin

June 5 - 2024 - Bank of Canada reduces policy rate by 25 basis points

The Bank of Canada today reduced its target for the overnight rate to 4%, with the Bank Rate at 5% and the deposit rate at 4%. The Bank is continuing its policy of balance sheet normalization.

  • May 23, 2024
  • Posted by Bryan Guertin

When to Consider a Private Mortgage: A Guide for Canadian Homebuyers

Navigating the world of Canadian mortgages can be scary, especially when traditional lenders, like banks and credit unions, close their doors. This is where private mortgages come into play. For

  • May 9, 2024
  • Posted by Bryan Guertin

Home improvement: Which projects boost your property value?

For many homeowners, home improvements aren't just about creating a more comfortable living space - they're also key to boosting property value. Here are the home improvement projects that offer the h

  • May 8, 2024
  • Posted by Bryan Guertin

5 Great Ways to Improve Your Credit Score

As a mortgage professional, we often work with clients who are eager to improve their credit scores. A higher credit score not only increases your chances of getting approved for a mortgage bu

  • April 24, 2024
  • Posted by Bryan Guertin

RRSP Home Buyers Plan

In 2024, the Canadian government made significant changes to the Registered Retirement Savings Plan (RRSP) Home Buyers' Plan (HBP), aiming to make homeownership more accessible, particularly for

  • April 10, 2024
  • Posted by Bryan Guertin

Paying off your mortgage early - The Pros and Cons

Certainly! Paying off your mortgage early is a significant financial decision that many Canadians grapple with. It can be an appealing goal, offering both financial freedom and peace of mind. That sai

  • April 10, 2024
  • Posted by Bryan Guertin

April 10-2024 - Bank of Canada maintains policy rate, continues quantitative tightening

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

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