📢 Bank of Canada Holds Steady – No Change in Prime Rate The Bank of Canada announced today that there will be no change to the policy interest rate. As a result, the prime lending rate remains steady at 4.95%. What does this mean for you? ✅ Variable-Rate Mortgages:No change in your payments for variable-rate

GST Rebate on New Homes Up to $1.5 Million If you’re a first-time home buyer in Canada, May 27, 2025 could become a milestone date for you. The federal government has announced a major housing affordability initiative that could save you up to $50,000 on your first home! This new GST relief program is aimed

Understanding Default Mortgage Insurance in Canada: What Every Homebuyer Should Know Buying a home is one of the biggest financial steps you’ll ever take—and for many Canadians, getting approved for a mortgage with less than a 20% down payment means you’ll also need default mortgage insurance. But what exactly is it, why do you need