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How to Navigate Canada’s Mortgage Renewal Wave in Late 2025 If your mortgage is coming up for renewal soon, you’re not alone. Canada is entering what experts are calling a renewal wave . It’s a period where a record number of homeowners will face new mortgage terms and interest rates. According to Reuters , millions of Canadians are approaching renewal in the next year, making late 2025 one of the most pivotal moments for borrowers in over a decade. Why This Renewal Season Ma

How to Protect Yourself from Mortgage Fraud Mortgage fraud might not make headlines every day, but it remains one of the most serious risks facing Canadian homebuyers. While Equifax Canada’s Q3 report shows that overall mortgage fraud is down , cases of financial misrepresentation—such as falsified income, bank statements, or employment letters—are still rampant  (source: Canadian Mortgage Trends). As the housing market softens and lenders tighten verification, now is the tim

This morning, the Bank of Canada announced a decrease in its key interest rate by 0.25%.  The prime rate has decreased from 4.70% to 4.45%. As a result, variable-rate mortgage holders will see a decrease of approximately $15.34 per month for every $100,000 of mortgage. Now that the effects of U.S. trade actions are clearer, the Bank released new forecasts for the world and Canadian economies in its Monetary Policy Report (MPR), though uncertainty about U.S. trade policy still

How to Prepare for the Bank of Canada’s October 29, 2025 Rate Announcement The next Bank of Canada (BoC) interest rate announcement is set for October 29, 2025 , and all eyes are on what comes next. With trade tensions simmering, economic growth slowing, and inflation trends in flux, this decision could shape how Canadians borrow, renew, or refinance their mortgages through the end of the year. Why This Decision Matters for Canadian Homeowners Markets are already pricing in a

How to Prepare for Mortgage Renewal Shock in Canada If your mortgage is coming up for renewal soon, you may have heard about “payment...

This morning, the Bank of Canada announced a decrease in its key interest rate by 0.25%.  The prime rate has decreased from 4.95% to...

If you own a home in Canada, you might be sitting on a wealth-building opportunity without realizing it.  One powerful (and often...

The Vancouver real estate market has been one of Canada’s most talked-about housing stories for years. In August 2025, we’re seeing a...

This morning, the Bank of Canada announced that it is holding its key interest rate.  The prime rate remains at 4.95%. As a result, there...

Pre-Approval vs. Pre-Qualification: What Canadian Homebuyers Need to Know in 2025 One of the most confusing parts of buying a home in...

How to Avoid Costly Mistakes as a First-Time Home Buyer in Canada (2025 Guide) Buying your first home is one of life’s biggest...

Mortgage Affordability in 2025: How Much Can You Really Afford in Canada? Thinking of buying a home this year? One of the most important...

Fixed vs. Variable Mortgage in 2025: What Canadian Homebuyers Need to Know If you're thinking of buying a home or renewing your mortgage,...

This morning, the Bank of Canada announced that it is holding its key interest rate steady. The prime rate remains at 4.95%. As a result,...

When you're applying for a mortgage, one of the most critical factors lenders consider is your credit score . This three-digit number can...

When you're planning to buy a home, one of the most important numbers you need to pay attention to is your credit score. This three-digit...

As 2025 begins, one of the most pressing questions on the minds of Canadian homeowners, buyers, and investors is: Will mortgage rates...

As a Canadian homeowner, managing your mortgage isn’t a one-time decision—it’s an ongoing process. One of the most common questions that...

Why Choosing the Right Mortgage Matters More Than Just the Rate When shopping for a mortgage, many borrowers focus on securing the lowest...

Let’s be real—2020 was a great time to buy a home. Prices were lower, and mortgage rates were sitting at 2.84% . But if you didn’t buy...