Bank of Canada’s Important Decision: What a Sept 17th Rate Cut or Hold Could Mean for Mortgages & Housing The Bank of Canada releases its next interest-rate decision on Wednesday, September 17, 2025 at 9:45 a.m. ET, followed by a
Breaking a Fixed Mortgage in 2025: When Paying the Penalty in Ontario Actually Saves You Money In 2025, it can be smart to break a fixed-rate mortgage in Ontario if the total savings from a lower rate over your remaining
Ontario’s 2025 Mortgage Reset: How Rate Cuts, 30-Year Insured Amortizations & a Cooler Market Affect Your Next Move Short version: Ontario’s housing market has more choice than it did at the peak, mortgage rates have eased from recent highs, and
The Ultimate Guide: 3 Powerful Levels of Mortgages Every Canadian Homeowner Should Know When it comes to securing financing for a home purchase, refinancing, or debt consolidation, not all mortgages are created equal. In Canada, borrowers typically navigate three levels
Struggles of Renovation Mortgage Loans and Equity Access in 1. Rural Communities and 2. Small-Town Canada For many Canadians, owning a home in a rural community or small town offers peace, In rural and small-town Canada, accessing renovation mortgage loans
Fall 2025 Refinance Outlook: What Canadian Homeowners Need to Know As Canadian homeowners head into the fall of 2025, one question is top of mind: Is now the right time to refinance? After years of rising interest rates and financial
The Hidden Burden: The Psychological & Emotional Impact of Mortgage Stress in Canada For many Canadians, homeownership represents stability, security, and achievement. But when mortgage payments become overwhelming, that dream can quickly turn into a source of stress, anxiety, and
If your credit is less than perfect, you’re not alone—and it’s not the end of your homeownership journey. In fact, a bad credit mortgage in Canada opens doors that traditional banks may close. Whether you want to refinance your current
Can child and spousal support income really help you qualify for a mortgage in Canada? The short answer: yes, it can—but only if it’s well-documented, consistent, and legally enforceable. Many Canadians going through a divorce or separation rely on child
Property Tax Arrears in Ontario: Fast, Legal Ways to Stop Penalties—And Keep Your Home Why falling behind on property taxes is so dangerous (and what to do first) Missing a property tax bill isn’t just another late payment—it can trigger
Mortgage Stress Test in 2025: What Changed? Back in January 2018, the Canadian government introduced the mortgage stress test to ensure borrowers could still afford their homes even if interest rates rose in the future. In 2018, the qualifying rate
Refinancing a land loan in Ontario can open the door to lower interest rates, improved cash flow, or the funds needed to develop or repurpose your property. Unlike a traditional mortgage, a land loan is tied to raw or undeveloped