Mortgage Blog

Winnipeg and Manitoba Mortgages Made Easy

Category: Mortgages (6 posts)

Government announces boldest mortgage reforms in decades to unlock homeownership for more Canadians

Government announces boldest mortgage reforms in decades to unlock homeownership for more Canadians

December 18, 2024 | Posted by: The Spooner Group

Canadians work hard to be able to afford a home. However, the high cost of mortgage payments is a barrier to homeownership, especially for Millennials and Gen Z. To help more Canadians, particularly y ...

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Dec 11-2024 - Bank of Canada reduces policy rate by 50 basis points to 3.25%

Dec 11-2024 - Bank of Canada reduces policy rate by 50 basis points to 3.25%

December 11, 2024 | Posted by: The Spooner Group

The Bank of Canada today reduced its target for the overnight rate to 3¼%, with the Bank Rate at 3¾% and the deposit rate at 3¼%. The Bank is continuing its policy of balance shee ...

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Unlocking Home Ownership: What Winnipeg Homebuyers Need to Know About Property Value

Unlocking Home Ownership: What Winnipeg Homebuyers Need to Know About Property Value

November 26, 2024 | Posted by: The Spooner Group

The Canadian dream of home ownership is evolving. With fluctuating property values and shifting market dynamics, understanding the real estate landscape is more crucial than ever for prospective homeb ...

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Should You Pay Off Your Mortgage Early?

Should You Pay Off Your Mortgage Early?

December 27, 2023 | Posted by: The Spooner Group

It's a dream to be able to pay off your mortgage early, but is there a downside?  While it sounds like a great idea, there are some factors to consider before doing so.  This article will ex ...

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Should You Spend the Full Mortgage Amount You're Approved For?

Should You Spend the Full Mortgage Amount You're Approved For?

November 29, 2023 | Posted by: The Spooner Group

Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not ...

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Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!

Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!

November 22, 2023 | Posted by: The Spooner Group

Borrowers are loving the current record low interest rates, and homeowners stand to benefit even more. If you bought your home more than a few years ago, you could probably benefit from a refinance ...

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