If you’ve ever wondered why fixed mortgage rates move up and down, you’re not alone. One of the biggest drivers is something most people never think about: the 5-year Canadian Government Bond Yield. This is something I consistently post on my Instagram account to keep people understanding what’s happening in the market, and to help […]
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Mortgage Renewal’s
Why You Shouldn’t Wait Until Renewal: The Smart Homeowner’s Guide to Renewing Early If your mortgage is coming up for renewal — even if it’s 9 months or more away — now is the time to start the conversation. Many homeowners assume they need to wait until the renewal notice arrives before exploring options. But […]
Mortgage Renewals: A Slow-Burn “Crisis” That Never Quite Exploded
One of the biggest risks the industry has been watching is the so-called “mortgage renewal tsunami”—the idea that a wave of renewals coming due in a higher interest rate environment could lead to mass defaults, payment shock, and a broader financial crisis. So far, that forecasted collapse hasn’t materialized. As of mid-2025, Canadian homeowners are […]
Understanding the Smith Manoeuvre: Turning Your Mortgage into a Tax Advantage
Buying a home is one of the biggest financial steps many Canadians take. Mortgages are usually paid down with after‑tax dollars, while investments earn interest that you can deduct on your tax return—if structured correctly. Enter the Smith Manoeuvre, a strategy that can help you convert part of your mortgage into tax‑deductible investment debt. Here’s […]
Understanding Reverse Mortgages
As we grow older, many Canadians find themselves “house rich but cash poor.” For seniors across British Columbia, a reverse mortgage can be a smart way to tap into the equity in their home without having to sell or move. But what is a reverse mortgage, and is it the right choice for you or […]