Blog tagged as Purchase Plus Improvement

Many homeowners face higher payments at renewal in 2025. Learn how rising rates affect budgets and the strategies that help you prepare with confidence.

The Bank of Canada held its rate at 2.75% amid U.S. trade uncertainty, slowing growth, and mixed inflation pressures. Here’s what it means for Canadians.

A debt consolidation mortgage lets you combine high‑interest debts into one lower‑rate payment using your home’s equity. Learn how it works and when it makes sense.

OSFI is removing the stress test for uninsured mortgage switches on Nov. 21, making it easier for borrowers to shop lenders and secure more competitive renewal rates.

Mortgage term is the length of your current contract, while amortization is the total time to pay off your mortgage. Learn how each affects payments, renewals, and long‑term interest.