Dec 10-2025 - Bank of Canada maintains policy rate at 2.25%
December 10, 2025 | Posted by: Donna Morrison
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%. Major economies around the world continue to show res ... [read more]
Fall 2025 Canadian Mortgage Trends & Insights Report
November 21, 2025 | Posted by: Donna Morrison
Did You Know ? Did you know that despite encouraging signs of stabilization in the Canadian mortgage market this fall, the national household debt-to-income ratio remained at an eye-opening 181.8 % in ... [read more]
Nov. 2025 - How the Bank of Canada Rate Cut Affects Your Refinancing Strategy
November 12, 2025 | Posted by: Roar Solutions
On October 29 2025, the Bank of Canada (BoC) reduced its target overnight rate by 25 basis points to 2.25 %. For Canadian homeowners who are thinking about refinancing their mortgage, this move matter ... [read more]
Bank of Canada lowers policy rate to 2.25%
October 29, 2025 | Posted by: Donna Morrison
The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. With the effects of US trade actions on econo ... [read more]
Canadian Home Sales Poised for a Strong Finish in 2025
October 21, 2025 | Posted by: Donna Morrison
The Canadian housing market is showing signs of renewed strength as we approach the end of 2025. According to the latest report from the Canadian Real Estate Association (CREA), home sales across the ... [read more]
How Falling Rates Open Doors for Gig Workers, Mortgages for Non-Traditional Incomes
October 6, 2025 | Posted by: Donna Morrison
After several policy cuts, the Bank of Canada's overnight rate sits at 2.50% as of September 17, 2025, down from 3.00% in January. This easing has lowered borrowing costs and improved affordab ... [read more]
Another good-news day! No Bank of Canada rate change.
October 23, 2013 | Posted by: Donna Morrison
Since September 2010 the Bank of Canada has held the key rate steady. And today was no different. The Bank of Canada is staying the course and not changing the benchmark rate. Tod ... [read more]
Are you sleepwalking through your mortgage renewal?
October 3, 2013 | Posted by: Donna Morrison
Given the financial commitment of a mortgage, it's surprising that 44% of Canadian homeowners either just accept whatever their lender offers at renewal, or don't even remembered how they renewed! &nb ... [read more]
2 Out of 3 Don't Shop at Renewal
January 26, 2012 | Posted by: Donna Morrison
Every now and then we see a mortgage stat that’s a jaw-dropper. This finding from Manulife Bank is one of them. It suggests there are a lot more people with money to burn than one might expect. ... [read more]
Welcome
January 24, 2012 | Posted by: Donna Morrison
Welcome to my new Website. I hope you find the information interesting. Should you have any questions, please feel free to contact me. ... [read more]
