KariAnn Wenzel - Trilogy Mortgage Corporation

03/12/2025

The Bank of Canada lowered its rate to 2.75% this morning. Will we see further rate cuts this year? Here are the forecasts from the big 6 banks.

09/25/2023

Want to know where rates are headed?

Check out the lates mortgage rate forecast by the BC Real Estate Association’s Chief Economist, Brendon Ogmundson, and Economist Ryan McLaughlin.

https://realestatemagazine.ca/bcreas-mortgage-forecast-rising-rates-and-uncertainty-ahead/

09/20/2023

According to data from Equifax Canada’s Q2 Consumer Credit Trends and Economic Insights, 30+ day delinquency rate on non-mortgage debt was up by 26.3% compared to 12 months ago.

Early-stage delinquencies on both mortgage and non-mortgage debt continued to rise in the second quarter, a sign that high interest rates are increasingly weighing on Canadian borrowers.

09/13/2023

If you have a mortgage that is coming up for renewal, it is a great time to review your mortgage and make any necessary changes. With today's increased interest rates, your interest rate at renewal is most likely going to be higher than it was for the previous term. There are solutions available to help keep your payments affordable such as consolidating debt or extending your amortization. If you have a mortgage that is up for renewal in the next 6 months, reach out and we can discuss your available options. Call or Text 403-458-0684

01/25/2023

The Bank of Canada increased the interest rate by 0.25% this morning. There is a growing consensus that the Bank has now reached—or is nearing—its terminal rate for this rate-hike cycle. Officials from the Bank of Canada have indicated that its future rate decisions will be driven by economic data. The next announcement will take place March 8.

The Bank of Canada today increased its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%.

12/25/2022

Merry Christmas from my family to yours!

12/02/2022

Our local Royal LePage crew is hosting a "Royal Toy Run" TOMORROW!

Take the whole family to enjoy a hot chocolate bar, cookies and complimentary photos with Santa Claus. Sweeten the deal by bringing a gift or monetary donation for the Santa Claus Fund.

Brad Moch- Trilogy Mortgage Corp. & I also have an awesome door prize for the kids to enter to win! I will be there, hope to see you too! 🧸🚂💵

10/28/2022

Thank you to everyone who came out to support and our pumpkin giveaway yesterday. We raised $400 and over 200 lbs of food!