Mortgage Payments Are Easing in Barrie, but Renewal Stress Is Very Real
July 16, 2025 | Posted by: Kenlock Mortgage Group
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 ...
read moreBank of Canada's July 30 2025 Rate-Cut Countdown
July 8, 2025 | Posted by: Kenlock Mortgage Group
BoC’s July 30 2025 Rate-Cut Countdown: 5 Mortgage Moves Barrie Homeowners Should Make Before Lenders Re-Price With the Bank of Canada’s next policy announcement locked in for Wednesday, J ...
read moreBank of Canada June Rate Hold: Mortgage Strategy 2025
June 23, 2025 | Posted by: Kenlock Mortgage Group
Why the June Rate Hold Matters 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 4 202 ...
read moreIs It Time to Refinance Your Barrie, Ontario Mortgage? 7 Key Factors to Consider for Smart Savings
June 21, 2025 | Posted by: Kenlock Mortgage Group
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 ...
read moreTop Reasons you should use a Barrie Mortgage Broker
June 18, 2025 | Posted by: Kenlock Mortgage Group
Why Use a Barrie Mortgage Broker? Buying or refinancing a home is one of life’s biggest decisions. Working with a mortgage broker right here in Barrie means you get personalized advice from som ...
read more6 Persistent Barrie area Real Estate Myths You Really Need to Ignore
June 17, 2025 | Posted by: Kenlock Mortgage Group
Whether you're a home-buyer or a seller, it pays to understand the real estate market if you want to get a good deal. Unfortunately, a series of damaging ideas has grown up around real estate which ca ...
read moreWhy the Bank of Canada’s Rate Pause Isn’t a Green Light for Cheap Mortgages
June 13, 2025 | Posted by: Kenlock Mortgage Group
Bank of Canada Holds Interest Rates – What It Means for Your Barrie Mortgage If you've been holding off on getting a mortgage in hopes of lower interest rates, you’re not alone. On June 5 ...
read moreJune 4-2025 - Bank of Canada holds policy rate at 2.75%
June 4, 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%. Since the April Monetary Policy Report, the US administration h ...
read moreMortgage 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 ...
read moreMortgage 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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