Bayside Mortgage Solutions

Bayside Mortgage Solutions Helping families who want to benefit from professional mortgage advice and expertise.

Peter began his career as a Mortgage Advisor in 2004 shortly after graduating from SAIT as a Chemical Engineering Technologist. Analytical thinking has been very useful in identifying and incorporating trends to continually grow his client referral base. Peter uses his ability to create solid relationships with not only his lenders and business partners, but applies the same dedication to his clie

nts. By becoming a trustworthy liaison between the lender and client, Peter ensures that the potentially stressful home financing situation becomes a smooth and well informed process.

Bank of Canada holds overnight rate at 2.25%!
09/02/2026

Bank of Canada holds overnight rate at 2.25%!

Today's policy hold arrived on schedule—and might be the least interesting thing the BoC did all day. Markets had already priced that in, of course. Traders didn't tune in for the decision, but rat...

Is the US influencing mortgage rates?
08/12/2026

Is the US influencing mortgage rates?

Robert McLister: If government borrowing costs rise, interest payments will swell deficits, and drive rates to rise even higher. Read here

The Bank of Canada held rates at 2.25% for June 10th's announcement, but that doesn't mean there's no financial news!
06/10/2026

The Bank of Canada held rates at 2.25% for June 10th's announcement, but that doesn't mean there's no financial news!

Don't miss our latest episode of In Conversation with Dr. Sherry Co...

05/20/2026

The Consumer Price Index (CPI) increased 2.8% y/y in April, up from 2.4% in March.
Higher energy prices, particularly gasoline, drove the acceleration. In April, energy prices rose 19.2%, following a 3.9% gain in March. Gasoline prices continued to rise year over year in April, increasing sharply by 28.6% after a 5.9% gain a month earlier.

https://dominionlending.ca/economic-insights/canadian-cpi-inflation-rises-to-2-8-as-core-inflation-measures-decline
Media Source: https://giphy.com/gifs/dBhvJAoa55Kvr81PRe Photo by Plus500 on Giphy

The Bank of Canada held rates at 2.25% at yesterday's announcement. Here are some key points of yesterday's economic dis...
03/19/2026

The Bank of Canada held rates at 2.25% at yesterday's announcement. Here are some key points of yesterday's economic discussion between Eddy Cocciollo and Dr. Sherry Cooper.

• Canada's economy is changing. We need new trade partners, which Mark Carney is successfully courting. Planning, not panic, is how Canada can exploit our energy, metals and natural resources and improve our economy.
• Variable rate mortgages are looking less attractive as we anticipate an increase in rates this year or early next. Variable rates are currently 25 bps lower than fixed, but payments on 5-year fixed will be lower should we see that rise materialize.
• First time home buyers are in a good spot. Supply is plentiful, prices have come down notably, and buyers are motivated to sell.

And perhaps the most exciting news: Sherry anticipates seeing a busy spring market. National home prices have been on the decline, and have dropped 20% since their peak in Q2 2022 (30% when you account for inflation!).

Media Source: https://pixabay.com/illustrations/analysis-pay-business-people-680572/ Photo by geralt on Pixabay

Address

#101/255 Ingram Street
Duncan, BC
V9L1P3

Opening Hours

9am - 5pm

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