Refinancing: Unlock Flexibility Through Your Home Equity

Posted On Feb 28, 2024

In speaking to many of my clients over the last several months, I hear a common concern expressed - and that is that current mortgage rates and the higher cost of living that we are experiencing has put a strain on cash flow. One potential solution...

Bank of Canada Holds Steady: Rate Remains at 5%, Economic Growth Slows, and Future Rate Cuts Loom

Posted On Jan 24, 2024

(Written January 24, 2024)The Bank of Canada on Wednesday announced its decision to maintain its overnight target rate at 5.00%. This move, signaling a more cautious approach to monetary policy, indicates a shift from considering further rate hikes...

Beyond the Rate: A Holistic Approach to Choosing Your Mortgage

Posted On Jan 19, 2024

(First published January 19, 2024)When it comes to choosing a mortgage, it's common for borrowers to focus primarily on finding the lowest interest rate. While an attractive rate is undoubtedly important, it should not be the sole criterion in...

What I learned over many years in Financial Services: Why Mortgage Brokers are the Present and the Future

Posted On Jan 18, 2024

(First published January 17, 2024)With over 30 years of experience in the financial services industry, including working at a Big Bank in Canada and most recently building and launching one of Canada's first digital mortgage lenders, I have had a...

Is it worth waiting for mortgage rates to fall before purchasing a home?

Posted On Jan 18, 2024

(First published January 15, 2024) [edited Feb 9, 2024]The Canadian real estate landscape is a complex and ever-evolving market, presenting potential buyers with numerous challenges and considerations. As 2024 unfolds, many prospective homeowners are...

What if rates DON'T decrease in 2024 like we’ve all been hoping for?

Posted On Jan 18, 2024

(First published January 14, 2024)What a difference a week makes!  Contrary to many expert forecasts, the Bank of Canada has indicated that high mortgage rates might persist if inflation continues unabated. This stance underscores a reality that...