Blog

Don’t Let Credit Card Debt Cost You Your Home

One of the more surprising debt problems that I’ve had to solve for a client is stopping the sale of their home due to an unpaid credit card balance. Yes you heard that right. If ignored for long enough an unpaid credit card can lead to judgment from the courts, the registration of a ...

March 2024 Bank of Canada Rate Update

No change to the BOC prime rate announced today. For the fifth consecutive meeting the Bank of Canada kept its policy rate unchanged at 5.00%. You can read the BOC press release here.   RATE FORECAST We’ve been promising rate cuts for months now. But where are they? Every single media outlet and talking ...

Inflation Watch: Surprising Deceleration Brings Low Rates Within Reach

Welcome to February 2024’s Inflation Watch. In this series I explore micro & macro economic trends and relate them to Canadian mortgage interest rates. I hope to shed some light on the future direction of interest rates to help you make more informed decisions about your mortgages. If you’re into this kind of thing ...