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✅...
by debtcancel | Jan 30, 2025 | Family, Mortgages
The Bank of Canada (BoC) has announced an interest rate cut to 3%, sending ripples across the mortgage market. This decision has significant implications for homebuyers, homeowners, and investors, and now is the time to understand how it impacts you. What Does the 3%...
by debtcancel | Jan 16, 2025 | Credit Health, Mortgages
Improving your financial health is essential for long-term stability and peace of mind. STEP 1: This starts with creating a budget and sticking to it. Begin by tracking your income and all expenses for at least a month to understand where your money is...
by debtcancel | Jan 8, 2025 | House Tips, Mortgages
It’s a new year and as we gear up for the upcoming Spring season, it is a good idea to take a look at the market outlook and what we are expecting to see around housing sales, prices, interest rates, and how these current conditions affect buyers versus sellers! Let’s...
by debtcancel | Dec 13, 2024 | Uncategorized
Decluttering can bring a sense of calm and order to your space, especially as the holiday season approaches. Here are some practical tips to help get organized: Start Small and Set Achievable Goals: Avoid overwhelm by breaking down the decluttering process into...
by debtcancel | Dec 6, 2024 | Credit Health, Mortgages
As the new year approaches, it’s a natural time to reflect on our personal goals and set resolutions for the months ahead. Your home and finances are key areas where small, intentional changes can lead to big improvements in security, stability, and quality of...
by debtcancel | Nov 14, 2024 | Family, House Tips
Looking for some creative and thoughtful DIY holiday gifting ideas that are easy to make and can add a personal touch to your gifts this season? These affordable, fun, and personalized options can suit anyone in your life – and they’ve never been easier to make!...
by debtcancel | Nov 5, 2024 | Mortgages
Refinancing your mortgage can be a smart financial move for many reasons, and as your trusted mortgage advisor, I’ve seen how much it can benefit homeowners! Ideally, refinancing is done at the end of your mortgage term to avoid penalties, but the timing can vary...
