Trisha Harris Mortgage Broker

06/10/2026

The Bank of Canada has held its overnight lending rate at 2.25%.

What does this mean for you? If you have a variable-rate or adjustable mortgage, your interest rate will not change at this time.

As always, I’ll keep you updated after every Bank of Canada announcement so you know exactly what’s happening in the market and how it may impact your mortgage.

If you ever have questions about your mortgage, renewals, or buying a home, feel free to reach out anytime—I’m always happy to help.

06/09/2026

The crabapple trees in the Georgetown Memorial Gardens are absolutely stunning right now! 🌸 We went for an evening walk yesterday, and the blooms (plus the amazing smell!) made it the highlight of my day. So thankful to live in such a beautiful place—and even more thankful to share these walks with my Mr.❤️

06/08/2026

✨ Client Review ✨ Helping first-time home buyers feel confident and stress-free throughout the mortgage process is what it’s all about. Thank you for your trust and kind words—it was a pleasure helping you achieve your homeownership goals! 🏡💙 📞 902-969-2529

06/04/2026

🚗 Can a car payment affect whether you get approved for a mortgage?

Yes, absolutely.

In some cases, your car payment can be the one factor that pushes your debt ratios too high and prevents you from qualifying for the mortgage or refinance amount you need.

Thinking about buying a new vehicle, refinancing, or purchasing a home?

Before you make a move, let’s run the numbers first. It may make more sense to complete your mortgage or refinance before taking on a new car payment.

A quick review today could save you from surprises tomorrow.

06/01/2026

Quick mortgage tip for seasonal workers on Prince Edward Island!

If you’re a seasonal employee, you may be able to use your EI income to help qualify for a mortgage.

Generally, if you’ve been working for the same employer for at least two years, and you’ve also been collecting EI during your off-season for at least two years, many lenders will consider that income when reviewing your application.

If you’re wondering what you might qualify for, send me a message and I’d be happy to help!

05/29/2026

05/27/2026

If you’re self-employed in PEI, you can still qualify for a mortgage, and in many cases, you have more options than you think.

One common misunderstanding is that your taxable income is the only number lenders consider. In reality, certain business expenses you’ve claimed can sometimes be “added back” to your income when calculating mortgage eligibility—often up to around 15% of your net income, depending on the lender and your file. This can make a meaningful difference in your approval amount.

There are also alternative programs, including “stated income” or bank-statement style lending, where lenders review 12 months of bank deposits to help determine your true cash flow instead of relying strictly on tax returns. This approach is designed to reflect what you actually bring in, not just what shows on paper.

If you’re self-employed and unsure where you stand, it’s worth reviewing your situation—there are often more flexible options available than people expect.

05/27/2026

Nothing beats helping first-time homebuyers step into a place they can finally call home.
If you’re thinking about buying, refinancing, or just have questions about mortgages, I’m always here to help.
📩 [email protected]
📞 902.330.2935

05/26/2026

🏡✨ FROM DREAM TO DOORSTEP ✨🏡

Huge congratulations to Lacey & Aaron on purchasing their first home! 🎉🔑 There’s nothing better than helping families take this exciting step toward building their future. Wishing you countless memories and happy moments in your new home. ❤️

Thank you for trusting me to be part of your homeownership journey!

05/20/2026

Most people in PEI think mortgage renewal and refinancing are the same thing, but they’re not, and the difference can cost you money.

A mortgage renewal is when you simply sign a new rate and term with your current lender. It’s quick and easy, but you’re only seeing one option, your bank’s.

A refinance is when you replace your mortgage with a new one. This can let you extend or shorten your amortization, switch lenders, or consolidate debt.

When people in PEI go directly to their bank, they’re usually only offered what that one lender is willing to give them at renewal.

A mortgage broker can compare multiple lenders at once to see if there’s a better rate or structure available before you sign anything.

So the real question isn’t just “should I renew or refinance?” It’s also “have I actually compared all my options?”

Renewal is simple. Reviewing the full market first helps make sure you’re not overpaying.

Visit my website here: http://bit.ly/4dzvk3j