Mortgage Blog

Canada's Mortgage Experts

Category: Mortgage (23 posts)

Four Ways to Take Control and Thrive in a Challenging Market

Four Ways to Take Control and Thrive in a Challenging Market

March 9, 2023 | Posted by: Rohit Dhawan

If you're struggling financially as a result of increased living expenses and interest rates, you are not alone. A lot of Canadians are feeling a little helpless these days, with talk of rising intere ... [read more]

Bank of Canada Rate Update March 8, 2023

Bank of Canada Rate Update March 8, 2023

March 8, 2023 | Posted by: Rohit Dhawan

Bank of Canada maintains policy rate, continues quantitative tightening The Bank of Canada today held its target for the overnight rate at 4.5%, with the Bank Rate at 4.75% and the deposit rate at ... [read more]

Selling Your Home in the Winter: How You Can Make the Most of It

Selling Your Home in the Winter: How You Can Make the Most of It

March 5, 2023 | Posted by: Rohit Dhawan

Selling your home in the winter can be a challenging task, but it can also be an opportunity to stand out in a crowded market. With fewer houses on the market and motivated buyers who are eager to mov ... [read more]

Title insurance and home insurance–protect what matters most

Title insurance and home insurance–protect what matters most

February 27, 2023 | Posted by: Rohit Dhawan

When something goes wrong with your home and you suffer a loss, you need to be able to rely on your insurance coverage. Knowing which of your insurance policies to turn to isn't always easy. Title ins ... [read more]

Where is the housing market going in 2023?

Where is the housing market going in 2023?

February 10, 2023 | Posted by: Rohit Dhawan

With 2023 underway, and the latest Bank of Canada rate increase to 4.5%, combined with the stress of the increased cost of living on Canadian households, the questions that are on everyone's minds are ... [read more]

Bank of Canada increases policy interest rate by 25 basis points, continues quantitative tightening

Bank of Canada increases policy interest rate by 25 basis points, continues quantitative tightening

January 25, 2023 | Posted by: Rohit Dhawan

The Bank of Canada today increased its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is also continuing its policy of quantitative tightening ... [read more]

This year create financial resolutions that you can stick to

This year create financial resolutions that you can stick to

January 5, 2023 | Posted by: Rohit Dhawan

A new year brings a host of new year's resolutions. It's very common for people to make these resolutions around family, friends, eating better, or even the cliché going to the gym more. This year, e ... [read more]

Should You Spend the Full Mortgage Amount You're Approved For?

Should You Spend the Full Mortgage Amount You're Approved For?

December 28, 2022 | Posted by: Rohit Dhawan

Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not ... [read more]

The Pros and Cons of Fixed vs. Variable Mortgages

The Pros and Cons of Fixed vs. Variable Mortgages

December 8, 2022 | Posted by: Rohit Dhawan

When it comes to choosing a mortgage, borrowers in Canada have two main options: a fixed rate mortgage or a variable mortgage. But which type is best for you? Here, we'll take a look at the pros and c ... [read more]

The Pros and Cons of Locking In your Mortgage Rate

The Pros and Cons of Locking In your Mortgage Rate

December 8, 2022 | Posted by: Rohit Dhawan

The Pros and Cons of Locking In The holiday season is upon us, bringing an end to a tumultuous year. 2022 saw inflation reach levels not seen for 40 years, followed by substantial interest rate hik ... [read more]

Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening

Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening

December 7, 2022 | Posted by: Rohit Dhawan

The Bank of Canada today increased its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is also continuing its policy of quantitative tightening ... [read more]

Thinking of buying? Don't be put off by high rates.

Thinking of buying? Don't be put off by high rates.

November 3, 2022 | Posted by: Rohit Dhawan

2022 has already been tough on Canadians' wallets, and recent economic data shows the pain is unlikely to end soon. Inflation continues to run hot, and on October 26 the Bank of Canada further r ... [read more]

Bank of Canada Rate Update October 26, 2022

Bank of Canada Rate Update October 26, 2022

October 26, 2022 | Posted by: Rohit Dhawan

Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 3.75%, with the Bank Rate a ... [read more]

Best Ways to Plan for Your Down Payment

Best Ways to Plan for Your Down Payment

October 19, 2022 | Posted by: Rohit Dhawan

Best Ways to Plan for Your Down Payment Do mortgages seem unaffordable? These tips will help you plan for your down payment so you can start talking to a private lender mortgage broker in no time. ... [read more]

A fresh look at the opportunities in today's housing market from a mortgage perspective

A fresh look at the opportunities in today's housing market from a mortgage perspective

October 11, 2022 | Posted by: Rohit Dhawan

When news reports present a consistently gloomy view of rising rates and the distinctly negative impact on the housing market, it's easy to feel discouraged. But the news frequently doesn't tell the f ... [read more]

How Mortgage Rates Affect Buying Power?

How Mortgage Rates Affect Buying Power?

September 16, 2022 | Posted by: Rohit Dhawan

How Mortgage Rates Affect Buying Power? Do You Know How Your Mortgage Rate Affects Buying Power? To maximize your purchasing power, you should understand how interest rates impact your home buying p ... [read more]

A look at how rate increases impact different mortgage types

A look at how rate increases impact different mortgage types

September 8, 2022 | Posted by: Rohit Dhawan

With inflation at its highest level in almost 40 years, the Bank of Canada continues to take drastic action to cool the economy with the latest of five consecutive rate increases announced on Septembe ... [read more]

Bank Of Canada Rate Update September 7, 2022

Bank Of Canada Rate Update September 7, 2022

September 7, 2022 | Posted by: Rohit Dhawan

Bank of Canada increases policy interest rate by 75 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 3.25%, with the Bank Rate ... [read more]

Should You Pay Off Your Mortgage Early?

Should You Pay Off Your Mortgage Early?

August 24, 2022 | Posted by: Rohit Dhawan

It's a dream to be able to pay off your mortgage early, but is there a downside? While it sounds like a great idea, there are some factors to consider before doing so. This article will explore some o ... [read more]

Budgeting for Inflation

Budgeting for Inflation

August 4, 2022 | Posted by: Rohit Dhawan

If you thought the end of the pandemic would bring a return to economic normalcy, 2022 has certainly been surprising. Summer has seen inflation return to the forefront of consumers' economic worries f ... [read more]

Bank Of Canada Rate Update July 13, 2022

Bank Of Canada Rate Update July 13, 2022

July 13, 2022 | Posted by: Rohit Dhawan

Bank of Canada increases policy interest rate by 100 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 2.5%, with the Bank Rate ... [read more]

Mortgage Fundamentals for Home Purchases

Mortgage Fundamentals for Home Purchases

July 7, 2022 | Posted by: Rohit Dhawan

Mortgage Fundamentals for Home Purchases With interest rates continuing to rise, and housing markets beginning to cool, if you're considering a home purchase anytime soon, it's a good idea to revisit ... [read more]

Mortgage Fundamentals for Home Purchases

Mortgage Fundamentals for Home Purchases

July 7, 2022 | Posted by: Rohit Dhawan

With interest rates continuing to rise, and housing markets beginning to cool, if you're considering a home purchase anytime soon, it's a good idea to revisit some mortgage fundamentals to ensure you' ... [read more]

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Rohit Dhawan
Rohit Dhawan
Mississauga, Mortgage Broker
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