Mortgage Broker Matt Robinson

06/10/2026

The Bank of Canada announced today that it is leaving its overnight rate unchanged.

Right now, the Bank is facing a balancing act.

On one hand, Canada's economy has been slowing, which would normally support lower interest rates. On the other hand, inflation remains above target and rising oil prices are creating upward pressure on costs, which could support higher rates.

For now, neither side is winning the argument, so the Bank has chosen a wait-and-see approach and left rates on hold.

What does this mean for homeowners?

Variable-rate mortgage holders will see no change to their payments as a result of today's announcement. Fixed mortgage rates are driven more by bond markets and are unlikely to be affected significantly by today's decision.

04/29/2026

The Bank of Canada held its benchmark rate at 2.25% today.

The message was basically this: if the economy weakens further due to trade uncertainty, rate cuts are still possible. But if oil prices stay elevated and push inflation higher for longer, the Bank may have to keep rates higher, or even raise them.

For now, the Bank appears to be on hold, watching whether inflation pressure spreads beyond energy. Given the weak housing market, I think rate hikes would be a tough move unless inflation becomes a much bigger problem.

02/28/2026

A lot of mortgage stress doesn’t come from rates. It comes from uncertainty.

Not knowing what your options are.
Not knowing when to act.
Not knowing how today’s decisions affect the next five years.

Markets will move. Headlines will change.
Momentum comes from having a plan that works before they do.

01/28/2026

The Bank of Canada held rates steady again today, which wasn’t a surprise. What matters more is that the path forward still isn’t perfectly clear.

In environments like this, the value isn’t in trying to predict the next move. It’s in understanding how different rate scenarios affect your plans and choosing options that still work either way.

Send a message to learn more

01/23/2026

There’s been a lot of talk about inflation and where interest rates are headed, and the honest answer is that the signals are mixed. Some things are cooling, others aren’t, and the economy isn’t falling apart either.

That’s usually when trying to “time” rates becomes the riskiest move. The better mortgage decisions tend to be the ones that fit a borrower’s plans and risk tolerance, not just today’s headlines.

In uncertain environments, flexibility and alignment with your longer-term goals matter more than being right about the next rate move.

01/16/2026

One thing I’m noticing more and more is how much easier mortgage renewals are when homeowners start thinking about them earlier.

A simple check-in a few months out often opens up options people didn’t realize they had. That might mean improving cash flow, accessing equity, or just avoiding unnecessary stress.

Mortgage decisions don’t need to be rushed to be good ones. A little planning goes a long way.

Send a message to learn more

12/10/2025

The B​ank of Canada held its key interest rate steady in its final announcement of the year.

Why the hold?
• Recent data on GDP, inflation, and jobs has been slightly positive
• Unemployment has ticked down for two months in a row
• At this level, the Bank says rates are “about right” to keep inflation near 2%

What’s next?
Some economists think the next move might not be a cut — but a possible hike in late 2026, depending on how the economy evolves.

​The Bank of Canada is keeping things steady while watching a very uncertain 2026. If the outlook shifts, they’re ready to respond.

Stay tuned!

01/27/2025

These numbers have been based on the following:
​✅ 4.4​4% rate
​✅​ 20% down payment​
​✅ ​30 year amortization​

​K​eep in mind that borrowing power can be impacted by​:
​➡️ ​the amount of debt you carry
​➡️ property tax
➡️ estimated heating costs
➡️ condo fees

​🔑​ Everyone's situation is different and there are always exceptions to the rules.

12/11/2024

🌟Bank of Canada Lowers Policy Rate by 50 bps!🌟

The Bank of Canada has reduced its benchmark rate from 3.75% to 3.25%, marking the fifth consecutive rate cut since June 2024.📉

This decision provides significant relief for variable mortgage and HELOC holders, with potential monthly savings of approximately $30 per $100,000 financed.🤑

12/06/2024

If your mortgage renewal is coming up before the end of 2024 or in January, now is the perfect time to review your options.

Here are 3 reasons why we should connect before the holidays:

🏡 Lock in the best terms: Interest rates fluctuate, and you don’t want to miss out on a better deal. We’ll help you find the best terms for your renewal.

🏡 Avoid last-minute stress: Renewals can be stressful, but starting the process early means less holiday stress for you.

🏡 Review your goals: If your financial situation has changed, now’s the time to make sure your mortgage still fits your needs.

Reach out and let’s talk about your options! 📲