Katy Mackenzie, Mortgage Broker

Katy Mackenzie || July 05, 2022

Be prepared when it comes to mortgage closing costs

When new homebuyers are shopping for their first home, they tend to focus on the number one expense: the down payment.But there’s a myriad of additional costs, all of which can add up and potentially...

Katy Mackenzie || June 15, 2022

Your Mortgage Renewal Questions Answered

Many homeowners dread mortgage renewal time, especially when interest rates are rising as they are today.It means you’ll likely be resetting your mortgage at a higher rate, with higher monthly...

Katy Mackenzie || June 07, 2022

Breaking down the Bank of Canada’s latest rate hike

Variable-rate mortgage holders with fixed payments, don’t have to worry about fluctuations in their monthlymortgage payments. Instead of your payment increasing, the amount of money going towards...

Katy Mackenzie || June 05, 2022

Bank of Canada Raises Rate by 50 bps

As expected, the Bank of Canada has raised its key lending rate by 50 basis points, bringing it to 1.50%.In its statement accompanying the decision, the Bank said, “the risk of elevated inflation...