Mortgage Blog

Category: Financing (5 posts)

Nov. 2025 - How the Bank of Canada Rate Cut Affects Your Refinancing Strategy

November 10, 2025 | Posted by: Lorne Andrews

On October 29 2025, the Bank of Canada (BoC) reduced its target overnight rate by 25 basis points to 2.25 %. For Canadian homeowners who are thinking about refinancing their mortgage, this move matter ...

Debt Reduction Key as Interest Rates Soar

July 21, 2023 | Posted by: Lorne Andrews

There are lots of reasons people fall into debt but only one way out — and it requires a combination of planning, discipline, and persistence. With the rise in interest rates, there is no better ...

Should You Refinance Your Mortgage?

March 13, 2020 | Posted by: Lorne Andrews

There are a multitude of reasons why a homeowner may be considering refinancing their mortgage. However, before any final decisions are made it is always a good idea to consider carefully whether refi ...

Strategies to Dig Yourself Out of the Debt Hole

February 21, 2020 | Posted by: Lorne Andrews

Debt. It's something almost everyone will have at some point in their life. But what happens when your debt begins to get the better of you? What options are available? Some simple strategies can he ...

Why You Need an Emergency Fund And How to Get One

February 14, 2020 | Posted by: Lorne Andrews

Building an emergency fund is something most people know they should do but few actually get around to doing. A recent study found that nearly two-thirds of Americans did not have an emergency fund, a ...