by harmerwealth | Aug 26, 2025 | Financial, Financial Planning, Interest Rates, Mortgages, Retirement
If your mortgage‑renewal email made your coffee go cold—join the club. Canada’s renewal wave is here, and it’s reshaping household budgets, housing choices, and retirement timelines across Durham, Clarington, Northumberland, Kawarthas—and right here...
by harmerwealth | Jan 29, 2025 | Interest Rates, Mortgages, Real Estate
The Bank of Canada has lowered its key interest rate by 0.25%, a move that could have significant financial implications for Canadians. Whether you have a mortgage, carry variable-rate debt, are an investor, or are considering buying or...
by harmerwealth | Jun 5, 2024 | Debt, Financial Planning, Interest Rates, Mortgages
Finally, some long-awaited good news from the mortgage market: the Bank of Canada has made its first rate cut of 0.25% to PRIME. This change is set to have a significant impact on homeowners across the country. If you’re a Variable mortgage or loan holder,...
by harmerwealth | Jan 11, 2024 | Interest Rates, Retirement, Tax Planning
In recent years, global financial markets have experienced significant turbulence, primarily attributed to a dramatic increase in interest rates by world banks. This surge, particularly notable in 2022, has had a profound impact across various sectors, including...
by harmerwealth | Apr 28, 2023 | Debt, Interest Rates, Mortgages, Real Estate, Uncategorized
Recent economic data from Canada indicates a slower growth rate in February and an anticipated contraction in March, coupled with a deceleration in inflation. This suggests that the Canadian central bank’s plans to keep interest rates on pause are well-founded....
