How the Bank of Canada Affects Your Mortgage Rate (Simplified)

If you’ve ever wondered why your mortgage rate changes—or why it might go up or down when you renew—it’s largely due to decisions made by the Bank of Canada. But what exactly does the Bank of Canada do, and how does it impact your mortgage? Let’s break it down in plain English. What Is the […]

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Can I change my mortgage rate before closing?

So you’ve secured a rate and the rate dropped. What know?   This is a conversation I have daily.    Now I know when you are looking to refinance or obtain a new mortgage—one goal is usually top of mind: securing the lowest possible rate.    Let’s face it, locking in a great rate can […]

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