Is 2025 the Year of the Variable-Rate Mortgage in Canada?

By mid‑2025, the Bank of Canada’s overnight policy rate will have fallen to 2.75%, resulting in a prime rate around 4.95%, with projections to decline further by year-end. At the same time, long-term 5‑year Government of Canada bond yields remain volatile, pushing fixed mortgage rates sky‑high, often near or above 6%. Mortgage Renewals Driving the […]

How to Navigate Toronto’s Housing Market Like a Pro

Toronto’s housing market has been a hot topic for years, with prices reaching new heights and affordability becoming a growing concern for residents. For many, the dream of owning a home in the city feels increasingly out of reach. This blog delves into the key factors driving Toronto’s housing affordability crisis, explores potential solutions, and […]