If you watched the news this week, you probably saw Prime Minister Mark Carney standing onParliament Hill talking about tariffs, sovereignty, and why Canada walked away from tradenegotiations with the US. Some of you might be wondering what any of that has to do with yourmortgage. The answer: more than you might think.Let me break […]

If you locked in a mortgage at 1.5% back in 2020 or 2021, you already know the renewal reality is hitting different.  That’s not a surprise anymore. It’s here. And for a lot of people—especially younger homeowners—it’s uncomfortable.  Let me give you the real numbers. Recent research from Rates.ca and Leger found that 82% of […]

One of the most common things I hear from future homeowners is: “We’re going to wait until we’ve paid off all our debt before we buy.” And honestly? I understand why. For years, we’ve been told that becoming debt-free is the ultimate financial goal. It feels responsible. It feels safe. It feels like the “right” […]

For many first-time buyers, the biggest question isn’t “Which home should we buy?” It’s… “How are we actually going to afford it?” And honestly? That’s a fair question. Between home prices, interest rates, and everyday expenses, buying your first home can feel overwhelming. I hear it all the time. The good news is that homeownership […]

One of my favourite conversations with clients usually starts the same way: “We’re running out of space.” Maybe the kids are sharing bedrooms longer than planned, your dining room has quietly become a home office, the garage has turned into a storage locker, or hosting family dinner suddenly feels like a game of musical chairs. […]

One of the questions I hear all the time is: “Tori, is now a good time to buy?” And honestly? I get it. It feels like the question you’re supposed to ask. Rates are moving. Prices feel confusing. Inventory looks different depending on the neighbourhood. One person says to wait. Another says to jump in […]

Well, here’s a not-so-fun update from the world of mortgages: RBC has made some changes to its posted rates, and if you’re thinking about breaking your RBC mortgage early—brace yourself. Thanks to the way RBC calculates penalties, some homeowners could be looking at massive prepayment costs, jumping by thousands of dollars overnight. Let’s break it […]

Fixed Rates: Slowly Dropping, But No Big Moves Yet Even though bond yields (which impact fixed mortgage rates) have been trending downward, banks aren’t exactly racing to slash their rates. Fixed rates are dipping, but at a slower pace. 🔹 Best move? If you love stability, a fixed-rate mortgage is still a solid choice. Shorter-term […]