Ottawa Mortgage Blog
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Bank of Canada June Rate Hold: Mortgage Strategy 2025
June 23, 2025 | Posted by: Jamie Small - Ottawa Mortgage Broker
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 ...
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Why the Bank of Canada’s Rate Pause Isn’t a Green Light for Cheap Mortgages
June 8, 2025 | Posted by: Jamie Small - Ottawa Mortgage Broker
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 ...
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June 4-2025 - Bank of Canada holds policy rate at 2.75%
June 4, 2025 | Posted by: Jamie Small - Ottawa Mortgage Broker
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 ...
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Leveraged Investing in Real Estate: How to Use Borrowed Funds to Build Long-Term Wealth
June 2, 2025 | Posted by: Jamie Small - Ottawa Mortgage Broker
With home prices softening, interest rates showing signs of stability, and rents remaining high, the real estate investment landscape is becoming increasingly attractive again. These market conditions ...
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Mortgage Renewals in 2025: Navigating Payment Increases Amid Rising Rates
May 17, 2025 | Posted by: Jamie Small - Ottawa Mortgage Broker
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 ...
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Mortgage Renewals in Early 2025 – Where Might Rates End Up?
May 4, 2025 | Posted by: Jamie Small - Ottawa Mortgage Broker
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 ...
read moreApril 16 - 2025 - Bank of Canada holds policy rate at 2.75%
April 16, 2025 | Posted by: Jamie Small - Ottawa Mortgage Broker
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%. The major shift in direction of US trade policy a ...
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Mortgage Renewal Coming Up in 2025? Here’s Why a Strategy Matters More Than Ever
April 10, 2025 | Posted by: Jamie Small - Ottawa Mortgage Broker
Don’t just renew—renew wisely. Is your lender offering you a strategy—or just a form to sign? With interest rates in flux and economic uncertainty still looming, your upcoming mort ...
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Tariffs and Their Effect on Interest Rates: What Canadian Homeowners Should Know
April 5, 2025 | Posted by: Jamie Small - Ottawa Mortgage Broker
You might be surprised to learn how tariffs-taxes on imported goods-can affect your mortgage or home-buying plans. Tariffs can indirectly influence interest rates, which impacts mortgage payments and ...
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Pros & Cons of Paying Off Your Mortgage Before Retirement
March 21, 2025 | Posted by: Jamie Small - Ottawa Mortgage Broker
If retirement is approaching, you may be considering whether it's wise to pay off your mortgage early. As with many significant financial decisions, there isn't a one-size-fits-all answer. However, ...
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