Bank of Canada Raises Rates: What It Means for Your Mortgage
The Bank of Canada announced a 0.25% increase to its overnight lending rate, bringing the policy rate to 2.50%. This marks the first rate hike since 2023 and signals that the Bank remains concerned about inflationary pressures, particularly rising energy...
Canada’s Latest Jobs Report: What It Could Mean for the October 28 Bank of Canada Rate Decision
With the next Bank of Canada interest rate announcement scheduled for October 28, 2026, many Ontario home buyers, homeowners, and mortgage shoppers are wondering whether another rate hike is still on the table. Recent employment data may provide an important clue....
Could a Slower Housing Market Be Good News for Wilmot Home Buyers?
When the housing market slows down, it's easy to focus on one thing: interest rates. And while rates certainly matter, they're only one part of the equation. For many buyers in Wilmot, New Hamburg, Baden, New Dundee, St. Agatha, and the surrounding area, a slower...
Housing Affordability In Canada: What Can Municipal Government Actually Do?
With a municipal election coming up, housing affordability will understandably be part of the conversation. Every day we hear discussion about rising home prices, sky-high rents, new housing development, affordable and seniors' housing, property taxes, and what local...
How High Gas Prices Could Lead to Higher Mortgage Costs for Canadians
Recent comments from the Bank of Canada have put homeowners and prospective buyers on alert. While interest rates have remained unchanged in recent months, policymakers have warned that persistently high gasoline prices could create new inflationary pressures,...
Waterloo Region Down Payment Assistance Program: A Pathway to Homeownership
For many aspiring homeowners in Waterloo Region, saving for a down payment can be the biggest obstacle to purchasing a home. Fortunately, the Region of Waterloo's Affordable Home Ownership Program is designed to help eligible renters bridge that gap and achieve...
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338 Waterloo St unit 8
New Hamburg, ON
N3A 1T6
