by debtcancel | May 2, 2025 | House Tips, Mortgages
For many Canadian homeowners, this year is bringing a financial wake-up call. More than a million mortgages are up for renewal, and the reality of higher interest rates is starting to hit hard. Just a few years ago, borrowers locked in historically low rates—some at...
by debtcancel | Mar 28, 2025 | House Tips
As we settle into 2025, many Canadian homeowners are looking for budget-friendly ways to enhance their homes. Whether you’re preparing to sell, increase energy efficiency, or simply refresh your living space, affordable home improvements can make a big difference...
by debtcancel | Mar 13, 2025 | Credit Health, Mortgages
The Bank of Canada has reduced its overnight lending rate by 25 basis points to 2.75%, marking its seventh consecutive rate cut since June 2024. This decision comes as Canada’s economy faces increasing pressure from an ongoing trade war with the U.S., which has...
by debtcancel | Mar 5, 2025 | Family, House Tips, Mortgages
March is Fraud Awareness Month in Canada, making it the perfect time to shed light on mortgage fraud and how to protect yourself. Whether you’re a first-time homebuyer, a homeowner looking to refinance, or an investor, understanding mortgage fraud is crucial....
by debtcancel | Feb 19, 2025 | Credit Health, Mortgages
Why Your Credit Score Matters When Applying for a Mortgage Your credit score is one of the most crucial factors that lenders in Canada consider when determining your mortgage eligibility. A higher credit score can mean: ✅ Lower interest rates✅ Better mortgage terms✅...
