Hey Everyone,
With the Bank of Canada holding rates steady at 2.75%, it might feel like nothing much is happening in the mortgage world. This is when lenders start getting creative.
When rates aren’t climbing or falling, lenders shift from competing on rate alone to competing in other ways, ways that might not be obvious unless you're watching closely.
Here’s what I mean:
Longer rate holds – Giving you time to shop with confidence.
Cashback offers – Some lenders are offering upfront incentives to help with moving costs or renovations.
More flexible prepayment terms – Helpful if you plan to pay down aggressively.
Niche programs – Self-employed options, new-to-Canada offerings, and more lenient conditions are quietly making a comeback.
Faster processing – With less chaos in the market, some lenders are speeding things up behind the scenes.
These details don’t always show up on the rate sheet, but they absolutely matter when you're deciding who to go with.
☕ Win a $50 Hot Shots Coffee Card
I’ve put together a super quick poll to help me learn what you’re focused on right now when it comes to real estate and mortgages.
And to make it fun, I’ll send a $50 Hot Shots gift card to one lucky person who fills it out this week.
Here’s what I’d love to know:
Are you house-hunting, refinancing, or just mortgage-curious?
What features matter most to you in a mortgage?
Are you planning to buy soon, or just keeping an eye on the market?
What would you love to understand better about the mortgage process?
Should take you less than a minute, but the insight helps me tailor what I share, and hopefully makes your inbox (and mortgage) more useful.
Let me know if you have questions in the meantime, I’m always happy to chat through the details.
Text me, right now! 250-919-5474
I don’t say this on a whim, I’m serious, if you text me now, I can show you exactly where you stand within a few hours. No stress, no pressure, no obligation.
Just a simple text that can put you at ease.