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Governing Council members discussed developments in the Canadian economy. They noted that the economy had stalled. GDP had not grown between the first quarter of 2025 and the first quarter of 2026, and data had been volatile quarter over quarter during this period. US tariffs and trade policy uncertainty had combined to keep the economy in excess supply. More recent indicators showed sig... Read more →

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Learn about down payments and mortgage insurance. Read more →

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What is a minimum down payment A down payment is the amount of money you put towards the purchase of a home. Your lender deducts the down payment from the purchase price of your home. Your mortgage covers the rest of the price of the home. The minimum amount you need for your down payment depends on the purchase price of the home. If your down payment is less than 20% of the price of you... Read more →

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Here is the third in the Mortagage series. Read more →

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Check out my latest video on Getting ready for a Mortgage. Read more →

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Are you a developer, this is prime land for you. Read more →

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Information on types of mortgages. Read more →

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Welcome Home to 286 Highview Crest! Nestled on a quiet, low-traffic street in one of London's most desirable, family-friendly neighborhoods, this gorgeous 2-story home offers the perfect blend of warmth and modern functionality. From the moment you step inside, you'll love the bright, airy main floor featuring hardwood floors / large windows that flows seamlessly into the heart of the ho... Read more →

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Beyond the Rate: What Really Determines Your Mortgage CostWhen you’re house hunting, the advertised interest rate can be tempting, but it’s just the tip of the iceberg. Your personal financial situation and the specific type of mortgage you pick actually play a bigger role in your final cost than you might think. Here’s what’s really going on behind the scenes:1. ... Read more →

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This is a rare chance to own in a rapidly evolving, highly sought-after pocket of northeastern St. Thomas - a quiet, family-friendly neighbourhood that is sitting squarely in the path of major economic growth. A well-maintained, move-in-ready family home offering flexible living and clear income potential. The three-bedroom main level provides comfortable everyday living while the fully ... Read more →

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Economists expect the Bank of Canada to hold its benchmark interest rate steady for the fifth straight time when it meets Wednesday, but its messaging could shed light on how it is navigating ongoing geopolitical uncertainties. The central bank held its policy rate at 2.25 per cent when it last met in April. Bank of Canada governor Tiff Macklem at the time did not rule out future adjustm... Read more →

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Financial system resilience At the time of the previous Report, the United States had only recently begun pursuing its new trade policy. The situation was highly volatile, making it difficult to predict how the Canadian economy and financial system would be affected. So far, the impacts have been less widespread than was initially feared. Most Canadian trade with the United States remain... Read more →

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