Mortgage With Steve

04/12/2026

🏌️‍♂️Masters Sunday is here! ⛳

While everyone’s watching the leaderboard…
have you mastered your mortgage renewal?

Over 60% of mortgages renew this year — and most people just sign and hope for the best. With rates up about 20% from 5 years ago, that’s not a strategy!

Do you want to navigate the Fairways of Life, or find yourself in the Second Cut?

I can guide you to the short grass, often at zero cost to you.

Reach out to me for your no-obligation consultation! Thank You!





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01/28/2026

As expected, the BOC maintained its key interest rate at 2.25%. Amid uncertainty with trade and inflation, this comes as no surprise to many home owners. For further information, here is a quick read.....

https://www.mpamag.com/ca/news/general/bank-of-canada-announces-first-rate-decision-of-2026/563441

01/09/2026

Buying a home in the winter has its perks—less competition and motivated sellers—but it also comes with a few hidden challenges. Snow and ice can cover roof issues, foundation cracks, or drainage problems, so it’s important to know what to look for.

We’ll guide you through the process and connect you with the right experts to make sure nothing is overlooked. Ready to start your home search with confidence? Call us at 905.895.1777 or email [email protected].

01/09/2026

Starting the year with a clearer budget can make a world of difference, and refinancing is a powerful way to get there. Whether you’re looking to reduce monthly payments, streamline high-interest debt, or create more financial breathing room, we’ll walk you through your options with clarity and care.

If a refresh to your 2026 budget feels overdue, let’s explore whether refinancing is the right move for you.

12/03/2025

A new year brings new goals — and the right mortgage strategy can help you reach them faster.

Whether it’s lowering your rate, consolidating debt, or planning for a future purchase, we’ll guide you through clear options that align with your financial vision. With expert advice and a personalized approach, we make it easier to move forward with confidence.

Start 2025 on solid ground. Reach out today to see how Homeguard Funding can help you plan smarter.

11/18/2025

As a legal professional, you know how important seamless coordination is when finalizing a client’s transaction.

At Homeguard Funding, we align our mortgage solutions with your process, ensuring clarity, efficiency, and a stress-free closing experience for your clients.

Partner with a team you can rely on for smooth closings every time. Contact us today to learn more.

11/05/2025

03/12/2025

This morning, the Bank of Canada reduced its policy interest rate to 2.75%, a 25-basis point drop from January 2025. This move was widely anticipated and provides further impetus for resurgent housing market activity coast to coast, even in the face of geopolitical tensions.

What does this mean?

The Prime Rate will drop from 5.20% to 4.95%, effective tomorrow. For those on Adjustable Rate Mortgages or HELOCS, you will see an equitable drop in your interest rate, saving many Canadians on their monthly cost of living.

For a more detailed analysis, check out this article from one of our best lenders.

First National is one of Canada's largest non-bank mortgage lenders, offering both commercial mortgages and residential mortgage solutions.

12/12/2024

One day removed from the BOC Rate announcement finds more relief to Canadians struggling with debt.

With un-employment rising to 6.8%, and many Canadians having difficulty keeping up with the cost of living, the BOC dropped their Benchmark rate 50 points to 3.25%.

What this means is Mortgage lenders have followed suit, dropping their Prime Rate to 5.45%, effective Dec. 12, 2024.

With many Variable Rate products around Prime - 0.95, you could secure financing at 4.5%. With the likelihood of even lower rates in 2025, this is a great option for some clients. Variable products also offer lower penalties if you need to pay out your Mortgage early!

If you would like to discuss your options, reach out to me on DM or email at [email protected].

10/24/2024

Well Oct. 23rd came and went, and as expected, another rate drop was announced by the BOC, dropping the Prime Lending rate by 50 basis points.

This means some much needed relief for many Canadians with Variable/Adjustable Rate Mortgages. Clients will see most Lender's Prime Rate drop from 6.45% to 5.95%, effective today!

Variable Rates are sitting around Prime -.95 for purchases, so anyone looking for a new home can secure a 5% rate. With the likelihood of future reductions, this is a good option for many entering the market.

If you have any questions in regard to rate or anything else, feel free to reach out to me at 416-432-4365 or [email protected]

08/13/2024

Back from Summer Vacation and wanted to highlight/share this video from one of our great lending partners, MCAP.

If you wonder why people reach out to Mortgage Brokers, this is a quick video to help answer that question.

Perhaps one of the best reasons is that we work within your schedule and needs, often completing the entire process without ever needing to leave the comfort of your home!

DYK MCAP has a line of credit product that increases simply by making your regular payments? This gives flexibility to fund a future renovation, children's school, or to consolidate debt.

https://www.mcap.com/residential-mortgages/resources/mortgage-videos/why-use-a-mortgage-broker?fbclid=IwY2xjawEoW5RleHRuA2FlbQIxMQABHUO1_tXlyzxLO4pnolqptlzmsdhqNDAGMdZpxabX8r1I8b_9h8icvO_Fiw_aem_IM7pdrQNiIV5xxixoou87Q

There are many steps involved in buying a home and getting a mortgage. Discover how the experience and advice of a mortgage expert can help simplify the process, and how mortgage broker can help you save money as they find the right mortgage for you.

07/23/2024

If anyone is looking for a nicely appointed 2 bedroom property on 1.2 acres in Parry Sound, check out this listing by a friend of mine Christian Logue.

You can reach him at 705-346-2801 or email [email protected]