MortgagewithSusheel

06/10/2026

Bank of Canada interest announcement for today. Want know what is means for you, even if you are buying your first home or refinancing contact me to discuss your option. Susheel Sheehn,.email [email protected] or 647-838-8472

04/29/2026

03/17/2026

🗝️ First-Time Buyer Alert: The 2026 Shift
​Buying your first home in Canada? The rules changed this month. Here is your "need-to-know" list to get into the market faster:
​💰 New $50,000 Tax Rebate: As of March 12, 2026, the GST/HST rebate for first-time buyers has officially increased. You can now recover up to 100% of the federal tax on new homes priced under $1M—a massive win for your closing costs!
​📉 Rates are Holding: The Bank of Canada kept the policy rate at 2.25%. While fixed rates are nudging up slightly due to bond market volatility, variable rates remain a steady entry point for many new buyers.
​🏦 Stress Test Edge: With the neutral rate floor established, the "stress test" is currently hovering around 5.5%–6.2%. This is significantly lower than two years ago, boosting your total borrowing power.
​📂 The Savings Stack: Don't leave money on the table. Combine your FHSA ($40k limit) with the RRSP Home Buyers’ Plan (up to $60k withdrawal) to maximize your down payment tax-free.
​The Bottom Line: With more inventory hitting the market this spring and new tax relief in place, the "wait and see" approach is officially over for many.
​Ready to see what you qualify for? Drop a "🏠" below and I’ll send you a first-time buyer checklist!
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01/29/2025

Bank of Canada cuts key interest rate to 3%.

01/13/2025

Wishing Everyone a Happy Lohri.

01/10/2025

Buying your first home. Give me a call to discuss your mortgage options. I will work with you and make a mortgage plan that will suit your budget and needs. So what are you waiting for call me 647-838-8472 or email [email protected].

06/07/2023

Bank Of Canada Raises Key Interest rate by 0.25%. For all your mortgage and refinancing options contact me at 647-838-8472 or [email protected]

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