The pandemic-era mortgage renewal wave is nearing its end and with it comes increased concern for some Canadians. Over the next year, the last of the five-year, fixed-payment mortgages taken out during the record-low interest rate period will come up…
The Bank of Canada did not change its key interest rate at its June meeting, marking the fifth consecutive rate hold. The central bank cited uncertainty surrounding U.S. trade policy and rising cost pressures in its decision to maintain the…
Approximately 1.2 million mortgages will renew in 2025, the vast majority of which were secured when the Bank of Canada’s key lending rate was at or below 1%. While interest rates have trended down since June 2024, from their two-decade…
This past fall, the federal government announced a Canadian Mortgage Charter, which the Liberal party says will help “vulnerable borrowers” and bring relief to those potentially impacted by the higher interest rate environment. But what does this mean exactly? First…
With 20% of mortgages up for renewal in the next year, many borrowers are facing higher interest rates for the first time and potentially sky-high payments. If you're among this group of homeowners, here’s what you should know to navigate…
Making a mortgage payment is often more desirable than paying rent. Homeownership helps you build equity and offers financial (and personal) stability. But the thought of carrying a mortgage for decades can be daunting. Whether at the beginning of your…
Clare Tattersall
Sales Representative
Direct: 647.625.3282
Office: 416.762.8255
Email: clare@realtorontowest.com
Royal LePage Real Estate Services Ltd., Brokerage
2320 Bloor St. W., Toronto, ON M6S 1P2
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