Pamela Nierlich - Fredericton Mortgage Broker

06/10/2026

Good News - As expected the Bank of Canada has held its policy rate steady at 2.25% which most lenders will now keep their Prime Lending Rate at 4.45%. Borrowing costs will remain unchanged for clients who hold variable rate mortgages and line of credits that are tied to Prime. Please note that we the public do not have access to the policy rate of 2.25%, this is the benchmark used by major financials institutions to borrow and lead money to each other overnight. Variable Mortgages are generally priced at Prime minus a discount whereas Line of Credits are generally priced at Prime plus a premium. Please let me know if you have any questions.

05/21/2026

I feel so blessed to be part of this team and family. Amazing support from this team, big Congrats. ❤️🎉

02/17/2026

Guides that are very helpful from our team at Sagen.
1 - First Time Homebuyers
2 - New to Canada Program
3 - Purchase Plus Improvement Program

Are you looking for forms, reference charts, UPS, Interest Rates or Lender Updates or more? Find it on Sagen's Tools and Resources page.

02/10/2026

You are so Loved, yes you, each and everyone of you. Let's fill the socials and your community with positive vibes. Smile at a stranger. Do a kind deed knowing there is nothing in it for yourself, When you go through a drive thru, make eye contact with the kid behind the window and genuinely thank them for their service. Eating out this week, leave a generous tip. Sharing our love and kindness should be all year round. ❤️

02/05/2026

An update on the tone and mood of Bank of Canada. Good information for anyone in a variable rate mortgage.
https://www.canadianmortgagetrends.com/2026/02/macklem-warns-of-rate-cut-risk-amid-structural-economic-changes/?fbclid=IwY2xjawPxyGNleHRuA2FlbQIxMQBicmlkETFNN1A3VlNKd3VzYU9TMUtKc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHh_B6vlCGYjgOZ4_szWsXAL_KXfO0CK4zhaKc8z8H7mcWS3TOj4B51eAokcW_aem_gbkT5bJ_wjuOQs_utccI1g

Bank of Canada Governor Tiff Macklem warned that cutting interest rates while the economy is adapting to structural changes risks stoking future inflation.

01/28/2026

As expected Bank of Canada has made no changes to interest rates today. The Prime lending rate will remain at 4.45%. If you would like to read the overall tone of the decision then please click on the link below.

Automatically view the rate announcement the moment it is published.

01/09/2026

Year of the Horse - My kind of year, a horse can feel your heart beat, read your emotions, bond fiercely yet never hesitates to display their inner dragon. I expect 2026 will have lots of challenges but at the same time be extremely rewarding. Chase your dreams and ride that horse. Happy New Year

01/05/2026

2026 Interest Rate Forecast - This is a good simple read outlining what we may expect as 2026 unfolds when it comes to mortgage rates. Having said that with so much uncertainty in the world this outlook could change. Variable rates are back to trending lower than fixed rates again and over the past 25 - 30 years they tend to average about 1% lower than fixed rates. Please do not hesitate to reach out if you have questions.

Economists expect a gradual housing recovery in 2026 as lower interest rates support demand, while affordability constraints and supply challenges keep price growth in check.

12/31/2025

WOW, where did 2025 go? I must say that 2025 was good to me so no complaints at this end, today I will spend getting organized to start the new year, gather all 2025 receipts, take down odometer reading of vehicle, have to keep CRA happy at tax time. If you are self employed I suggest you do the same thing in the next couple of days, don't wait until tax season to try and gather up documents that are months old, do it now, save yourself the stress. Going into a new year is about taking a deep breath and striving for new goals, staying healthy and enjoying those around us. I would like to wish each and everyone of you a Happy New Year.