Mortgage Blog
The Bottom Line on Mortgages
Mortgage Renewals in 2025: Navigating Payment Increases Amid Rising Rates
May 17, 2025 | Posted by: Kenlock Mortgage Group
If you're among the thousands of Canadian homeowners with a mortgage renewal coming up in 2025, you might already be concerned about what rising interest rates could mean for your monthly payments. Du ...
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Mortgage Renewals in Early 2025 – Where Might Rates End Up?
May 4, 2025 | Posted by: Kenlock Mortgage Group
A friendly guide for Canadian homeowners who are about to renegotiate one of the biggest contracts of their lives. Introduction - Why Everyone Is Talking About 2025 Renewals If your mortgage is co ...
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April 16 - 2025 - Bank of Canada holds policy rate at 2.75%
April 16, 2025 | Posted by: Kenlock Mortgage Group
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%. The major shift in direction of US trade policy and the unpredi ...
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Home Selling Season is Around the Corner: Tips to Get Ready
January 9, 2025 | Posted by: Kenlock Mortgage Group
Home selling season is rapidly approaching. In most cases, spring is the top time to sell a home. One reason spring is the top-selling season is that home buyers align their moving schedule with their ...
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Should You Pay Off Your Mortgage Early?
December 26, 2024 | Posted by: Kenlock Mortgage Group
It's a dream to be able to pay off your mortgage early, but is there a downside? While it sounds like a great idea, there are some factors to consider before doing so. This article will ex ...
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Real Estate 101: Essential Tips for First-Time Home Buyers
December 19, 2024 | Posted by: Kenlock Mortgage Group
Buying a home is always a big decision, but when you're a first-time buyer it's even more important to get it right. Without home-buying experience to draw on, it's easy to make mistakes you could reg ...
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10 Essential Tips for Taking Out Your First Mortgage
December 12, 2024 | Posted by: Kenlock Mortgage Group
Taking out your first mortgage presents a major financial commitment, possibly the biggest one you'll ever make, so it's crucial that you get the best deal available. Getting a mortgage is often not a ...
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Should You Refinance Your Mortgage?
December 5, 2024 | Posted by: Kenlock Mortgage Group
There are a multitude of reasons why a homeowner may be considering refinancing their mortgage. However, before any final decisions are made it is always a good idea to consider carefully whether refi ...
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Should You Spend the Full Mortgage Amount You're Approved For?
November 28, 2024 | Posted by: Kenlock Mortgage Group
Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not ...
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Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!
November 21, 2024 | Posted by: Kenlock Mortgage Group
Borrowers are loving the current record low interest rates, and homeowners stand to benefit even more. If you bought your home more than a few years ago, you could probably benefit from a refinance ...
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