The Bank of Canada cut rates five times last year. The overnight rate dropped from 5% to 2.25%. By every surface-level reading, mortgage holders should be breathing easier. But if you locked a five-year fixed rate in 2021, your renewal letter this year tells a different story. Your new rate isn't 1.79% anymore. It's north of 4%. And the monthly payment shock is real — roughly 800,000...
Real Estate News
If you’ve been following the real estate headlines, you might have seen some noise about "Inclusionary Zoning" and a sudden policy shift from the Ford government. It sounds technical, but if you are looking to buy a home—or investing in the future of the GTA—this is actually a pivotal moment. Here is the breakdown of what is happening, why it matters, and what it means for the market (and your...