

Variable Rates Hold Steady!
Bank of Canada chose not to change rates today. The overnight rate remains at 2.75% with the Prime Rate sitting at 4.95%. Now remember,...

The Mortgage Duo
Apr 16, 2025


The Smith Maneuver
The Smith Maneuver — Explained in Plain English The Smith Maneuver is a legal tax strategy in Canada that helps homeowners turn their...

The Mortgage Duo
Mar 27, 2025


Another 0.25% Rate Decrease!
Bank of Canada reduced the overnight rate by 0.25%, bringing it from 3.00% to 2.75%. Which for most lenders will bring the Prime rate...

The Mortgage Duo
Mar 12, 2025


Rates down 0.25%!
Bank of Canada reduced the overnight rate by 0.25%, bringing it from 3.25% to 3.00%. Which for most lenders will bring the Prime rate...

The Mortgage Duo
Jan 29, 2025


BC Home Flipping Tax
The BC Home Flipping Tax , introduced under the Residential Property (Short-Term Holding) Profit Tax Act , came into effect on January 1,...

The Mortgage Duo
Jan 16, 2025


Another 0.50% Decrease!!
Bank of Canada reduced the overnight rate by 3.75%, bringing it from 3.75% to 3.25%. Which for most lenders will bring the Prime rate...

The Mortgage Duo
Dec 11, 2024


Rates reduced by 0.50%!!
Bank of Canada reduced the overnight rate by 0.50%, bringing it from 4.25% to 3.75%. Which for most lenders will bring the Prime rate...

The Mortgage Duo
Oct 23, 2024


Homeownership made easier with recent changes
Here are the key takeaways from the resent public release from the Department of Finance. The following change will be effective as of ...

The Mortgage Duo
Sep 20, 2024

