Cindy Chan Mortgages

06/10/2026

📢 As Expected: The Bank of Canada Holds Its Policy Rate at 2.25%

⭐️Why?
• Inflation remains near 3%, largely due to higher energy prices.
• Canada's economy is growing slowly.
• Trade and geopolitical uncertainty remain elevated.
• The Bank wants more data before deciding its next move.

⭐️What This Means for Borrowers
• No immediate change for most variable-rate mortgage and line of credit borrowers.
• Fixed mortgage rates are influenced primarily by Government of Canada bond yields and can move independently of Bank of Canada rate decisions.

⭐️Bottom Line:
The Bank of Canada is balancing inflation risks against a slowing economy and has chosen to wait for more evidence before changing rates.

🏡 Questions about your mortgage renewal, refinance, or home purchase? Let's connect.

06/01/2026

Starting the week with gratitude. Thank you, OW, for your kind words. Congratulations on your new home!💞

05/14/2026

05/12/2026

Grateful to assist another satisfied mortgage client🥰

05/05/2026

Is your mortgage renewal coming up? Don’t just renew—let’s take a look at your options. Contact me to discuss!

05/01/2026

Based on CREB’s April sales update, Calgary’s market remains segmented—detached homes are the strongest, townhomes are more balanced, and condos offer the most buyer leverage.

04/24/2026

Grateful for my repeat client’s support🥰. Congratulations on your new home! Google review.

04/21/2026

Not sure if you are ready for a mortgage? Let’s talk!

04/08/2026

So delighted to help another first-time time home buyer💕! Grateful for their Google review 🙏