Mortgages by Carolann Young

Carolann Young || June 06, 2025

BoC holds rates steady, but more cuts could be on the way

The Bank of Canada held its key interest rate steady at 2.75% this week, delivering its second consecutive pause as it weighs the impact of persistent inflation and new trade-related risks. The...

Carolann Young || May 29, 2025

GST rebate gives first-time buyers up to $50,000 off new homes

First-time buyers now have one more reason to consider a new build. The federal government has announced a new GST rebate that could save eligible buyers up to $50,000 on homes valued up to $1.5...

Carolann Young || May 22, 2025

Housing & Mortgage Outlook: What to Watch Post-Election

Housing & Mortgage Outlook: What to Watch Post-Election From first-time buyer incentives to homebuilding initiatives, here’s what Canadians can expect in the coming weeks and months. Voters have...

Carolann Young || April 09, 2025

Why do mortgage pre-payment penalties rise as rates fall?

Thinking About Breaking Your Mortgage? Here's What to Know With fixed mortgage rates trending lower, many homeowners are wondering if breaking their mortgage could save them money. While the idea of a...