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My Mortgage Blog — Latest Posts
The Bank of Canada’s rate hikes may not be done yet
In addition to raising interest rates by another 75 basis points on September 7, the Bank of Canada also signalled that it’s not done hiking just yet. As expected, the Bank raised its overnight...
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Design of the Tax-Free First Home Savings Account
Design of the Tax-Free First Home Savings AccountIn Budget 2022, the government proposed the introduction of the Tax-Free First Home Savings Account (FHSA). This new registered plan would give...
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How to reduce payment shock at renewal time
How to reduce payment shock at renewal timeBy now, “trigger points” should be in the vocabulary of nearly every variable rate mortgage holder.There’s been a great deal of coverage lately about trigger...
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What’s in the Federal Budget for Homebuyers?
The federal government has earmarked more than $10 billion in new spending for housing-related initiatives, much of which is focused on increasing supply. Overall, the federal budget includes $56...
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