Mortgage Blog

Bank of Canada June Rate Hold: Mortgage Strategy 2025

June 23, 2025 | Posted by: Steven Boodoo

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 4 202 ...

How to Get a Better Rate When Renewing Your Mortgage in Edmonton

June 21, 2025 | Posted by: Jeff Chin

Your mortgage renewal is more than just a signature, it's a powerful opportunity to negotiate a better rate, improve your financial position, and avoid paying more than you should. If you're a homeow ...

Refinancing for Debt Consolidation in Edmonton: Is It Worth It?

June 11, 2025 | Posted by: Jeff Chin

If you're carrying multiple debts, credit cards, lines of credit, car loans, it can feel overwhelming. High interest rates, multiple due dates, and the mental load of juggling payments can make it har ...

What Edmonton Seniors Need to Know About Reverse Mortgages

Why the Bank of Canada’s Rate Pause Isn’t a Green Light for Cheap Mortgages

June 8, 2025 | Posted by: Steven Boodoo

If you've been waiting for interest rates to drop before locking in a mortgage, you're not alone. On June 5, 2025, the Bank of Canada (BoC) decided to hold its overnight lending rate at 4.75%, marking ...

5 Smart Ways to Use Home Equity in Edmonton Without Risking Your Home

June 4, 2025 | Posted by: Jeff Chin

As Edmonton’s real estate market continues to appreciate, more homeowners are discovering the financial potential of tapping into their home equity. But before you borrow against your property, ...

See how rising home values in Edmonton can boost your equity.

June 4-2025 - Bank of Canada holds policy rate at 2.75%

June 4, 2025 | Posted by: Steven Boodoo

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%. Since the April Monetary Policy Report, the US administration h ...

How Rising Home Values in Edmonton Can Help You Refinance

May 28, 2025 | Posted by: Jeff Chin

Edmonton’s real estate market has experienced a steady appreciation in home values over the past few years. For homeowners, this isn't just good news on paper; it can directly improve your finan ...

Learn more in The Ultimate Guide to Refinancing in Edmonton.

Reverse Mortgage vs HELOC: Which Makes More Sense for Edmonton Retirees?

May 20, 2025 | Posted by: Jeff Chin

As more Edmonton homeowners approach retirement, tapping into home equity has become a common strategy to supplement retirement income. Two of the most popular options are reverse mortgages and Home E ...

Learn when it’s the right time to refinance your home in Edmonton to maximize your equity.

Mortgage Renewals in 2025: Navigating Payment Increases Amid Rising Rates

May 17, 2025 | Posted by: Steven Boodoo

If you're among the thousands of Canadian homeowners with a mortgage renewal coming up in 2025, you might already be concerned about what rising interest rates could mean for your monthly payments. Du ...

When Is the Right Time to Refinance Your Home in Edmonton?

May 13, 2025 | Posted by: Jeff Chin

Refinancing your home in Edmonton can be a smart financial move—but only if the timing is right. Whether you're aiming to reduce your monthly payments, access home equity, or switch from a varia ...

How to Know the Best Time to Refinance in Edmonton

Can I Borrow from My Home Equity Without Refinancing? (Edmonton Guide)

May 11, 2025 | Posted by: Jeff Chin

For many homeowners in Edmonton and the surrounding areas like St. Albert, Sherwood Park, Leduc, and Spruce Grove, rising home values have unlocked a valuable financial asset: home equity. If you&rsqu ...

Explore ways to access your home equity in Edmonton without refinancing.

Mortgage Renewals in Early 2025 – Where Might Rates End Up?

May 4, 2025 | Posted by: Steven Boodoo

A friendly guide for Canadian homeowners who are about to renegotiate one of the biggest contracts of their lives. Introduction - Why Everyone Is Talking About 2025 Renewals If your mortgage is co ...

Reverse Mortgages in Edmonton: What You Need to Know

May 1, 2025 | Posted by: Jeff Chin

Reverse Mortgages in Edmonton: What You Need to Know As more Canadians reach retirement age, many are looking for ways to unlock the value in their homes without selling or downsizing. One increasing ...

Explore reverse mortgage solutions for seniors in Edmonton.

How Much Can You Borrow from Home Equity Bank in Edmonton?

April 30, 2025 | Posted by: Jeff Chin

If you're a homeowner in Edmonton aged 55 or older, Home Equity Bank may offer you a way to tap into the value of your home without having to sell it. Through solutions like the CHIP Reverse Mortgage, ...

Learn how much equity you can access through HomeEquity Bank in Edmonton.

Cost of Refinancing a Mortgage in Edmonton: Fees and Expenses Explained

April 28, 2025 | Posted by: Roar Solutions

Refinancing your mortgage in Edmonton can be a strategic move to lower your interest rate, consolidate debt, or access your home equity, but it’s not without its costs. Whether you're a homeowne ...

Want to understand Edmonton refinancing fees? Learn more about mortgage costs here.