Blog categorized as First Time Home Buyers

Bank of Canada Holds Rate at 2.25%: What the 4.45% Prime Rate Means for Ontario Homeowners

12.10.2025 12:29 PM - By Satish Kumar - Comment(s)
Bank of Canada Holds Rate at 2.25%: What the 4.45% Prime Rate Means for Ontario Homeowners

The Bank of Canada announced today that it is holding the policy interest rate at 2.25%, keeping the Prime rate steady at 4.45%. For homeowners, buyers, and anyone planning a mortgage move this year, this stability brings both clarity and opportunity.

Below is a clear breakdown of what this decision ...

Ontario Mortgage Down Payment Rules: 5% vs 20% — What’s Best for You?

11.21.2025 03:50 PM - By Satish Kumar - Comment(s)
Ontario Mortgage Down Payment Rules: 5% vs 20% — What’s Best for You?

 Understand Ontario’s mortgage down payment rules — when you need only 5%, when 20% makes sense, how CMHC insurance works, and how to save smart.

Navigating the world of mortgages can feel overwhelming — especially when you're trying to decide how much of a down payment to make. In Ontario, the ...

How Much Mortgage Can I Afford in Ontario? 

10.30.2025 09:56 PM - By Satish Kumar - Comment(s)
How Much Mortgage Can I Afford in Ontario? 
Discover how much mortgage you can afford in Ontario with this detailed guide. Learn about income vs debt, down payments, stress test, budgeting tips & key ratios (GDS/TDS) to stay comfortable and qualified.

Mortgage Tips for Newcomers and Recent Immigrants in Canada  

07.16.2025 11:51 AM - By Satish Kumar - Comment(s)
Mortgage Tips for Newcomers and Recent Immigrants in Canada  
Learn essential mortgage tips for newcomers and recent immigrants in Canada. Get guidance, resources, and expert advice to buy your first home in Canada.