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  • Rates

    effective May 25, 2026

    Term Bank Rate Our Rate
    1 Year 5.84 % 4.24 %
    2 Year 5.14 % 4.14 %
    3 Year 6.05 % 4.09 %
    4 Year 5.99 % 4.09 %
    5 Year 6.09 % 4.09 %
    7 Year 6.40 % 5.09 %
    10 Year 6.80 % 5.14 %
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    • Mortgage rates on the rise
    • 22FEB
      0 Comments

      Imperfect Information – Managing Mortgage Expectations

      So did you take a 5.69% mortgage two years ago and are now kicking yourself? A lot of us did. However, we can’t kick ourselves. You make the best decision you can with the information available to you at that point in time. This video blog talks about imperfect information, and dealing with the “what

      • Posted by Rowan Smith
      • Basic Mortgage Info
      • Market Commentary
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    • 20FEB
      0 Comments

      Beware of What Your News Source Is

      All I read is that the market is awesome, everything is awesome, prices are up and going higher, and home ownership is perfect for everyone. Frankly, I’m tired of this rhetoric. If you are reading some news, such as a developer telling you they are projecting a 5% – 7% increase in prices, ask yourself,

      • Posted by Rowan Smith
      • Basic Mortgage Info
      • Market Commentary
      More
    • 16FEB
      0 Comments

      New rules: Not as bad as speculated

      As widely reported yesterday, Minister of Finance Jim Flaherty tightened the rules on qualifying for a mortgage today. It was not as bad as many had feared (increasing the downpayment to 10% etc.) but it will definitely still have an effect on the overall housing market. Here are the rule changes: 1. Regardless of mortgage

      • Posted by Wayne Mah
      • Bank of Canada
      • First-Time Buyers
      • Market Update
      • Mortgage Rates
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      • Real Estate
      • Refinance or Renewals
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