We Discuss the Changes in Canada’s Real Estate Industry and Provide Guidance on How to Navigate Them Effectively…

Buying a home in today’s market can feel daunting. With rising interest rates, increased housing prices, and the challenge of finding affordable financing, many Canadians are asking themselves, “Can I afford a home in this market?” The good news is…

1. Start Early: Don’t wait until the last minute to renew your mortgage. Many lenders allow you to renew up to 120 days before your term ends. Use this time to research your options and compare rates. Starting early can…

1. Interest Rates: This is likely the biggest factor for most homeowners. If you locked in a lower rate previously, today’s rates may seem higher, which can increase your mortgage payments. Check both fixed and variable rate options, as they…

Mortgage renewal can be a stressful time for many Canadian homeowners, especially in today’s uncertain economic environment. With fluctuating interest rates, inflation concerns, and personal financial situations, the renewal process brings a mix of financial decision-making and potential anxiety. However,…