License# 10530|Serving All Communities Across Ontario

    Mortgage Blog & Insights

    Stay informed with the latest mortgage news, tips, and insights from our expert team at Kenlock Mortgage.

    Is It Time to Refinance Your Barrie, Ontario Mortgage 7 Key Factors to Consider for Smart Savings
    June 21, 2025 Mortgage Refinancing

    Is It Time to Refinance Your Barrie, Ontario Mortgage 7 Key Factors to Consider for Smart Savings

    From Allandale’s family-friendly streets to lakeside living in Keswick, Central Ontario homeowners are wondering the same thing: **“Should I refinance my mortgage now?”** The right move can trim hu...

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    Bank of Canada June Rate Hold: Mortgage Strategy 2025
    June 23, 2025 Mortgage Strategy

    Bank of Canada June Rate Hold: Mortgage Strategy 2025

    On June 4 2025, the Bank of Canada (BoC) left its overnight rate unchanged at **2.75 %** for the fourth meeting in a row *(Source: Bank of Canada press release, June 4 2025)*. While the headline ...

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    Bank of Canadas July 30 2025 Rate-Cut Countdown
    July 8, 2025 Rate Updates

    Bank of Canadas July 30 2025 Rate-Cut Countdown

    With the Bank of Canada’s next policy announcement locked in for **Wednesday, July 30 2025**, Barrie and Simcoe County homeowners have just a few weeks to position their mortgages for the drop ever...

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    Mortgage Payments Are Easing in Barrie, but Renewal Stress Is Very Real
    July 16, 2025 Mortgage Renewals

    Mortgage Payments Are Easing in Barrie, but Renewal Stress Is Very Real

    After years of rising rates, relief has finally arrived. Many Barrie homeowners are experiencing a modest drop in mortgage payments thanks to recent Bank of Canada cuts. But don’t breathe too easy,...

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    Barrie, Ontario Housing Market: CMHC Stats - June 2025
    July 23, 2025 CMHC Housing Stats

    Barrie, Ontario Housing Market: CMHC Stats - June 2025

    The Canadian housing market is in continuous evolution, with different regions and cities experiencing unique trends. This blog post will delve into the recent Canadian Mortgage and Housing Corpora...

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    Bank of Canada holds policy rate at 2.75%
    July 30, 2025 Rate Updates

    Bank of Canada holds policy rate at 2.75%

    The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

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    Mortgage Brokers Near Me in Barrie, Local advice that fits
    July 31, 2025 Mortgage

    Mortgage Brokers Near Me in Barrie, Local advice that fits

    You typed mortgage brokers near me and you are in Barrie. You want an answer that is close, fast, and trustworthy. You also want a team that will pick up the phone, explain the steps in plain Engli...

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    Unlocking Your Barrie Dream Home: How to Find the Best Mortgage Broker Company Near You
    August 5, 2025 Mortgage

    Unlocking Your Barrie Dream Home: How to Find the Best Mortgage Broker Company Near You

    Finding your dream home should feel exciting, not confusing. The right mortgage broker makes a real difference. Start with our local hub, [Trusted Barrie Mortgage Broker](/index.php/trusted-barrie-...

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    Stated-Income Mortgage Program: Pros and Cons for Barrie Homebuyers and Business Owners
    August 18, 2025 Self-Employed

    Stated-Income Mortgage Program: Pros and Cons for Barrie Homebuyers and Business Owners

    Many self-employed Canadians are turned down for mortgages by traditional banks, even if they make good money. Why? Because their tax filings often show less income on paper than they actually earn...

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    Barrie’s Growing Family Homes: How to Secure the Right Mortgage as the City Expands
    August 25, 2025 Mortgages

    Barrie’s Growing Family Homes: How to Secure the Right Mortgage as the City Expands

    Families keep choosing Barrie for space, schools and a quick link to the GTA. Growth brings choice, it also adds competition and timelines that can feel tight. The right mortgage plan helps you lan...

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    How to Get a Mortgage in Barrie if You Have Bad or Poor Credit
    September 9, 2025 Bad or Poor Credit Mortgages

    How to Get a Mortgage in Barrie if You Have Bad or Poor Credit

    Picture this. You have your eye on a place in Barrie, but a bruised credit score is making you second guess the next step. Maybe a missed payment or a tough season set you back. It happens. The goo...

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    Bank of Canada lowers policy rate to 2.5%
    September 17, 2025 Rate Updates

    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%.

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    Bank of Canada Rate Update: What It Means for Your Barrie Mortgage
    September 22, 2025 Rate Updates

    Bank of Canada Rate Update: What It Means for Your Barrie Mortgage

    The Bank of Canada has finally delivered what millions of Canadians have been hoping for—a drop in the key interest rate. After a string of aggressive hikes throughout 2022 and 2023, the recent rat...

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    Top Reasons you should use a Barrie Mortgage Broker
    June 18, 2025 Mortgages

    Top Reasons you should use a Barrie Mortgage Broker

    Buying or refinancing a home is one of life’s biggest decisions. Discover why working with a local Barrie mortgage broker can save you time, money, and stress.

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    June 4 - 2025 - Bank of Canada holds policy rate at 2.75%
    June 4, 2025 Rate Updates

    June 4 - 2025 - Bank of Canada holds policy rate at 2.75%

    The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

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    Why the Bank of Canada's Rate Pause Isn't a Green Light for Cheap Mortgages
    June 13, 2025 Rate Updates

    Why the Bank of Canada's Rate Pause Isn't a Green Light for Cheap Mortgages

    On June 5, 2025, the Bank of Canada held its overnight lending rate at 4.75%. Find out what this rate pause means for your Barrie or Ontario mortgage.

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    6 Persistent Barrie area Real Estate Myths You Really Need to Ignore
    June 17, 2025 Real Estate

    6 Persistent Barrie area Real Estate Myths You Really Need to Ignore

    Whether you're a home-buyer or a seller, learn the six damaging real estate myths that could be getting in the way of a smooth transaction.

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    Mortgage Renewals in 2025: Navigating Payment Increases Amid Rising Rates
    May 17, 2025 Mortgage Renewals

    Mortgage Renewals in 2025: Navigating Payment Increases Amid Rising Rates

    If you're among the thousands of Canadian homeowners with a mortgage renewal coming up in 2025, learn what rising rates mean for your monthly payments and how to prepare.

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    Mortgage Renewals in Early 2025 – Where Might Rates End Up?
    May 4, 2025 Mortgage Renewals

    Mortgage Renewals in Early 2025 – Where Might Rates End Up?

    A friendly guide for Canadian homeowners who are about to renegotiate one of the biggest contracts of their lives in early 2025.

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    April 16 - 2025 - Bank of Canada holds policy rate at 2.75%
    April 16, 2025 Rate Updates

    April 16 - 2025 - Bank of Canada holds policy rate at 2.75%

    The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

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    Home Selling Season is Around the Corner: Tips to Get Ready
    January 9, 2025 Real Estate

    Home Selling Season is Around the Corner: Tips to Get Ready

    Home selling season is rapidly approaching. Learn the top guidelines for decluttering, repainting, and boosting curb appeal to get your home market-ready.

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    Real Estate 101: Essential Tips for First-Time Home Buyers
    December 19, 2024 Mortgage

    Real Estate 101: Essential Tips for First-Time Home Buyers

    Buying a home is a huge decision. Learn the essential mistakes to avoid when taking out a mortgage and buying your first home.

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    10 Essential Tips for Taking Out Your First Mortgage
    December 12, 2024 Mortgage

    10 Essential Tips for Taking Out Your First Mortgage

    Taking out your first mortgage is a major financial commitment. Here are 10 essential tips to help you get the best rate and deal.

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    Should You Refinance Your Mortgage?
    December 5, 2024 Mortgage Refinancing

    Should You Refinance Your Mortgage?

    There are a multitude of reasons to refinance your mortgage. Explore key considerations, costs, and benefits before making your decision.

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    How to Get a Mortgage in Barrie if You Have Bad or Poor Credit
    September 9, 2024 Bad or Poor Credit Mortgages

    How to Get a Mortgage in Barrie if You Have Bad or Poor Credit

    Don't let past credit challenges stop you from homeownership. We explore mortgage options for those with less-than-perfect credit.

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