Loni MacPhail - Mortgage Broker

Loni MacPhail || October 07, 2024

Do you know all the costs of buying a home?

Before you take possession of your new home, you need to consider any and all additional costs of obtaining your mortgage - closing costs.. Home inspection...

Loni MacPhail || September 26, 2024

Big week for mortgage rules: Feds announce key reforms

It’s been a big week for mortgage news, with both the federal government and OSFI rolling out important updates. The government has shared more details on its mortgage reforms, like...

Loni MacPhail || September 16, 2024

CMHC Mortgage Cap Raised to $1.5M, 30-Year Amortizations Expanded

The federal government today announced some sweeping changes to Canada's mortgage system in an effort to improve housing affordability and access. One of the key changes...

Loni MacPhail || September 04, 2024

Bank of Canada cuts policy rate to 4.25%

The Bank of Canada has dropped its policy rate to 4.25%, cutting it by 25 basis points this morning. This marks the third consecutive rate reduction by the central bank this year,...