MORTGAGES BY CATHY - Your online source for Canada best mortgage rates

Cathy McMurrich || May 11, 2022

Did you know that Fixed Rate Mortgages follow the trend of Canadian Government Bonds? NOT the Bank of Canada Rate?

Fixed rate mortgages are separate from variable or adjustable which follow the rise and fall of the Bank of Canada Rate. Recently, the Government has been increased that to curb inflation.However,...

Cathy McMurrich || April 13, 2022

Bank of Canada Raised Rates 0.5%

As you have heard, The Bank of Canada has just raised its key lending rate by 50 basis points, bringing it to 1.00%. This marks the 2nd increase to the Bank's rate this year and the first 50-bps...

Cathy McMurrich || April 07, 2022

What’s in the Federal Budget for Homebuyers?

The federal government has earmarked more than $10 billion in new spending for housing-related initiatives, much of which is focused on increasing supply. Overall, the federal budget includes $56...

Cathy McMurrich || February 24, 2022

In A Bidding War and Considering Going Subject Free?

In simple words - not a good idea.You need to be well aware of all the risks that come with going condition free, and make sure you are making an informed decision. Don't get caught up in the hype....