Our Blog - DreamHouse Mortgage

Category: Mortgage (12 posts)

  • October 29, 2025 @ 9:37 AM
  • Posted by Roar Admin

Bank of Canada lowers policy rate to 2.25%

The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. With the effects of US trade actions on econo

  • October 20, 2025 @ 9:12 AM
  • Posted by Roar Admin

Canadian Home Sales Poised for a Strong Finish in 2025

The Canadian housing market is showing signs of renewed strength as we approach the end of 2025. According to the latest report from the Canadian Real Estate Association (CREA), home sales across the

  • October 6, 2025 @ 9:15 AM
  • Posted by Roar Admin

How Falling Rates Open Doors for Gig Workers, Mortgages for Non-Traditional Incomes

After several policy cuts, the Bank of Canada's overnight rate sits at 2.50% as of September 17, 2025, down from 3.00% in January. This easing has lowered borrowing costs and improved affordab

  • September 17, 2025 @ 10:13 AM
  • Posted by Roar Admin

September 17-2025 - Bank of Canada lowers policy rate to 2.5%

The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%. After remaining resilient to sharply higher

  • August 5, 2023 @ 8:24 AM
  • Posted by Roar Admin

Navigating High-Interest Rates and Inflation: Your Path to Mortgage Resilience

Introduction As your trusted mortgage broker, I understand that the current economic backdrop in Canada is presenting challenges for many homeowners. With interest rates on the rise and inflation p

  • July 27, 2023 @ 9:29 AM
  • Posted by Roar Admin

Understanding Credit Scores and Maximizing Mortgage Opportunities in Canada

Introduction In Canada, your credit score plays a crucial role in your financial life, especially when it comes to major transactions like securing a mortgage. A credit score is a numerical r

  • July 12, 2023 @ 11:00 AM
  • Posted by Roar Admin

Bank of Canada raises policy rate 25 basis points, continues quantitative tightening

The Bank of Canada today increased its target for the overnight rate to 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy of quantitative tightening. Gl

  • June 13, 2023 @ 6:28 PM
  • Posted by Roar Admin

Some great tips to help you save for a home

A home for most all Canadians is likely the most significant purchase you will make in your lifetime, so it is essential to be well-prepared. It is crucial to understand how to budget and save for

  • June 3, 2023 @ 10:14 AM
  • Posted by Roar Admin

Strategies for Speeding Up Mortgage Repayment

Those of us who desire to own a home often long for the time when our mortgage is paid off. Although the majority of Canadian mortgages are usually amortized over the course of 25 years, there are a

  • April 20, 2023 @ 4:32 PM
  • Posted by Roar Admin

First-Time Home Buyer Budgeting: What You Need to Know

As a first-time home buyer, budgeting is an essential part of the home buying process. By carefully planning your finances and considering all of the costs associated with purchasing a home, you can e

  • April 12, 2023 @ 9:21 AM
  • Posted by Roar Admin

Bank Of Canada Rate Update April 12, 2023

Bank of Canada maintains policy rate, continues quantitative tightening The Bank of Canada today held its target for the overnight rate at 4.5%, with the Bank Rate at 4.75% and the deposit rate at 4.

  • March 8, 2023 @ 3:20 PM
  • Posted by Roar Admin

Bank of Canada Rate Update March 8, 2023

Bank of Canada maintains policy rate, continues quantitative tightening The Bank of Canada today held its target for the overnight rate at 4.5%, with the Bank Rate at 4.75% and the deposit rate at