Mortgage Blog
Your Fort McMurray Mortgage Expert
CMHC - Monthly Housing Starts - July 2025
September 3, 2025 | Posted by: Barb Pinsent - Trusted Fort McMurray Mortgage Associate
Canadian Monthly Housing Starts and Other Construction Data Tables - July 2025 At our mortgage brokerage, we make it a priority to follow the Canada Mortgage and Housing Corporation's (CMHC) monthl ...
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With Inflation at 1.7%, What This Means for Canadians Considering a Home Purchase or Mortgage Refinance
August 19, 2025 | Posted by: Barb Pinsent - Trusted Fort McMurray Mortgage Associate
Did You Know? Did you know that Canada's latest inflation figure has cooled to 1.7% according to Statistics Canada? For everyday Canadians, this is more than a headline. It can point to lower bor ...
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Is the Mortgage Stress Test on the Way Out?
August 7, 2025 | Posted by: Barb Pinsent - Trusted Fort McMurray Mortgage Associate
Is the Mortgage Stress Test on the Way Out? How OSFI's New Loan-to-Income Rules Could Reshape Borrowing in 2025-26 Canadian borrowers have spent the past seven years living with the mortgage "s ...
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Bank of Canada holds policy rate at 2.75%
July 30, 2025 | Posted by: Barb Pinsent - Trusted Fort McMurray Mortgage Associate
The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. While some elements of US trade policy have started to become m ...
read moreMortgage Payments Ease, Renewal Stress Grows in Canada
July 16, 2025 | Posted by: Barb Pinsent - Trusted Fort McMurray Mortgage Associate
Mortgage Payments Are Easing Yet Renewal Stress Is Real It feels like a collective exhale. After two grueling years of rapid interest‑rate hikes, the Bank of Canada has paused an ...
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Double-Barrel Down Payments: FHSA + New $60k HBP Withdrawal Rules Explained
July 9, 2025 | Posted by: Barb Pinsent - Trusted Fort McMurray Mortgage Associate
Scraping together a competitive down payment in 2025 often feels like a marathon. But two revamped federal programs-the First Home Savings Account (FHSA) and the beefed-up Home Buyers' Plan ...
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5 Questions To Ask Before You Sign Mortgage
July 7, 2025 | Posted by: Barb Pinsent - Trusted Fort McMurray Mortgage Associate
5 Questions to Ask Your Mortgage Broker in Canada Shopping for your first mortgage can feel like a big step, but it doesn’t have to be confusing. As someone who’s helped many young Canadi ...
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Bank of Canada June Rate Hold: Mortgage Strategy 2025
June 26, 2025 | Posted by: Barb Pinsent - Trusted Fort McMurray Mortgage Associate
Why the June Rate Hold Matters On June 4 2025, the Bank of Canada (BoC) left its overnight rate unchanged at 2.75 % for the fourth meeting in a row (Source: Bank of Canada press release, June 4 2025) ...
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The Impact of Rising Interest Rates on the Canadian Mortgage and Real Estate Market in 2024
August 6, 2024 | Posted by: Barb Pinsent - Trusted Fort McMurray Mortgage Associate
As we navigate through 2024, the Canadian mortgage and real estate market faces a dynamic landscape marked by rising interest rates. This trend, driven by the Bank of Canada's efforts to curb inflatio ...
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2024 Housing Market Outlook: Trends and Insights
July 3, 2024 | Posted by: Barb Pinsent - Trusted Fort McMurray Mortgage Associate
The Canadian housing market is set to undergo significant shifts in 2024, influenced by various factors such as affordability, supply constraints, and economic conditions. Whether you're interested in ...
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