Donna MacDonald Mortgages

09/02/2026

Check out my latest blog 👉 💵 https://champ.ly/5YDhEUqo

For many homeowners, becoming mortgage-free is one of the biggest financial goals they have. While your mortgage may have a 25- or 30-year amortization, that doesn't necessarily mean you'll be making payments for that long. With the right strategy, you could shave years off your mortgage and save te...

09/02/2026

The Bank of Canada has held its policy rate at 2.25% for the seventh consecutive decision.

For Canadian homeowners and homebuyers, another hold means the policy rate remains unchanged for now. Whether a mortgage renewal, refinance, or home purchase is ahead, this is a good opportunity to review the numbers and understand the options available.

Message or give me a call to discuss what today’s Bank of Canada decision could mean for your mortgage plans.

09/01/2026

Between school supplies, new clothes, sports, activities, lunches and everything in between, September can be an expensive month.

Here are a few simple ways to stay on track:
💰 Set a back-to-school spending limit
🛍️ Shop your home before buying new
📋 Prioritize the essentials first
📆 Spread out non-urgent purchases when you can
💳 Keep an eye on your overall monthly budget

09/01/2026

Yes, it’s possible to buy a home in Canada with as little as 5% down, depending on the purchase price and your eligibility.

For homes priced at $500,000 or less, the minimum down payment is 5%. Above $500,000 (up to $1.5 million), the minimum is 5% on the first $500,000 and 10% on the portion above that. Homes purchased with less than 20% down generally require mortgage default insurance.

A smaller down payment can make homeownership more accessible, but there’s more to consider than the minimum. I can help you understand down payment requirements, qualification and the mortgage options available to you.

Thinking about buying a home? Connect with me today to find out what’s possible and start building a plan.

08/27/2026

Why work with a mortgage broker instead of going straight to a bank?

A bank can offer its own mortgage products. A mortgage broker can explore options from multiple lenders, helping homebuyers and homeowners compare rates, features, terms and lending solutions based on their individual needs.

That broader access can make a difference. Mortgage brokers can help clients:

• Compare mortgage options from multiple lenders
• Understand fixed, variable and adjustable rate choices
• Navigate lender requirements and qualification criteria
• Find solutions for unique income, credit or property situations
• Review the fine print beyond the interest rate
• Get guidance throughout the mortgage process

Whether buying a home, refinancing or approaching a renewal, having more options and professional guidance can help clients make a more informed mortgage decision.

Ready to see what options are available? Message me today and put the power of choice to work.

08/25/2026

Buying your first home is exciting, but the work starts before the house hunting does.

I can help you understand what you may qualify for, prepare your finances, explore first-time home buyer options and build a clear path toward getting mortgage-ready. That way, when the right home comes along, you’re prepared to make your move.

Your first home starts with a plan. Let’s build yours together.

08/21/2026

Affordable development coming to Ottawa 🏘️:

Ottawa developer Caivan is launching a new collection of multi-bedroom townhomes starting at $289,914, saying recent HST relief and lower development charges helped bring prices below $300,000. The Summit Series at the company’s Magnolia development in Stittsville will include two- and three-bedro...

08/21/2026

Make living in your new home an enjoyable experience.

08/20/2026

Mortgage Broker vs. Bank: What’s the difference?

When you go directly to a bank, you’re limited to the mortgage products and options that bank offers.

When you work with me as your Mortgage Broker, I can look beyond one lender. I have access to multiple lenders and mortgage solutions, which means I can compare options and help find the right fit for your needs, goals and financial situation.

I also work for you, helping you understand your options, navigate the mortgage process and make a more informed decision.

Why settle for one lender’s options when I can help you explore more?

Let me do the shopping for you.

08/18/2026

Your credit has a memory - and I can help you build the history lenders want to see.

From understanding what can impact your credit profile to developing stronger credit habits, the right guidance today can help put you in a better position when it’s time to apply for a mortgage.

Ready to strengthen your credit? Let’s build a plan together.