The Get 'Er Done Girls Red Deer Mortgage Blog
Your choice for Mortgage Solutions in Red Deer and across Alberta
Double-Barrel Down Payments: FHSA + New $60k HBP Withdrawal Rules Explained
July 9, 2025 | Posted by: Lesley Krawiec
Scraping together a competitive down payment in 2025 often feels like a marathon. But two revamped federal programs-the First Home Savings Account (FHSA) and the beefed-up Home Buyers' Plan ...
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Bank of Canada June Rate Hold: Mortgage Strategy 2025
June 23, 2025 | Posted by: Lesley Krawiec
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 ...
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Why the Bank of Canada’s Rate Pause Isn’t a Green Light for Cheap Mortgages
June 8, 2025 | Posted by: Lesley Krawiec
If you've been waiting for interest rates to drop before locking in a mortgage, you're not alone. On June 5, 2025, the Bank of Canada (BoC) decided to hold its overnight lending rate at 4.75%, marking ...
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June 4-2025 - Bank of Canada holds policy rate at 2.75%
June 4, 2025 | Posted by: Lesley Krawiec
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 ...
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Mortgage Renewals in 2025: Navigating Payment Increases Amid Rising Rates
May 17, 2025 | Posted by: Lesley Krawiec
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 ...
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Mortgage Renewals in Early 2025 – Where Might Rates End Up?
May 4, 2025 | Posted by: Lesley Krawiec
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 ...
read moreApril 16 - 2025 - Bank of Canada holds policy rate at 2.75%
April 16, 2025 | Posted by: Lesley Krawiec
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%. The major shift in direction of US trade policy a ...
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Tariffs and Their Effect on Interest Rates: What Canadian Homeowners Should Know
April 5, 2025 | Posted by: Lesley Krawiec
You might be surprised to learn how tariffs-taxes on imported goods-can affect your mortgage or home-buying plans. Tariffs can indirectly influence interest rates, which impacts mortgage payments and ...
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Pros & Cons of Paying Off Your Mortgage Before Retirement
March 21, 2025 | Posted by: Lesley Krawiec
If retirement is approaching, you may be considering whether it's wise to pay off your mortgage early. As with many significant financial decisions, there isn't a one-size-fits-all answer. However, ...
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March 12-2025 - Bank of Canada reduces policy rate by 25 basis points to 2.75%
March 12, 2025 | Posted by: Lesley Krawiec
The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%. The Canadian economy entered 2025 in a solid position, with infl ...
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