Jeffrey Adams,AMP - Ottawa Mortgage Agent Level 2

Jeffrey Adams,AMP - Ottawa Mortgage Agent Level 2 Mortgage Agent Level 2 - Mortgage Brokers Ottawa License #11759
Helping you with residential and commercial mortgage financing.

Working at Mortgage Brokers Ottawa, Licence 11759

The Bank of Canada just released its rate announcement this morning, and as many economists expected, they've held the o...
09/02/2026

The Bank of Canada just released its rate announcement this morning, and as many economists expected, they've held the overnight rate steady. With inflation still sitting above target and ongoing uncertainty around U.S. trade, the Bank is staying cautious for now.

For anyone in Ottawa with a variable rate mortgage, this means your payments aren't changing today. And if you're in the middle of buying or thinking about renewing soon, the rate environment stays the same for now. The next announcement to watch is October 28, 2026, and that one comes with a full Monetary Policy Report, so it could carry more weight.

If you're wondering what this means for your specific situation, whether you're renewing, buying, or just keeping tabs on things, I'm happy to talk it through. Drop a comment below or send me a message and we can figure out the best move for you 🙌

Jeff Adams, Mortgage Agent - Level 2, Mortgage Brokers Ottawa #11759

The 30-year amortization has been available for insured mortgages since December 15, 2024, and I still get questions abo...
08/26/2026

The 30-year amortization has been available for insured mortgages since December 15, 2024, and I still get questions about it every week — so let me break down who it actually makes sense for here in Ottawa.

If you're a first-time buyer OR buying a newly-built home with less than 20% down, you qualify. On a $560K mortgage, stretching to 30 years can lower your monthly payment by around $280 compared to a 25-year amortization. That's real breathing room, especially when Ottawa's average home price hit $733,648 in June 2026. Even a townhouse is averaging $555K right now — so every dollar of cash flow counts.

That said, I always want people going in with eyes open. The 30-year schedule does cost significantly more in total interest over time, and you'll build equity more slowly in those early years. For some buyers it's the right call. For others, 25 years still makes more sense. The honest answer? It depends on your situation. That's exactly the kind of conversation I love having — no pressure, just real numbers and options that actually fit your life in Ottawa.

Drop a comment or send me a DM and let's figure out what works for you.

Jeff Adams, Mortgage Agent - Level 2, Mortgage Brokers Ottawa #11759

The next Bank of Canada rate announcement is September 2nd, and a lot of people are asking me the same question right no...
08/19/2026

The next Bank of Canada rate announcement is September 2nd, and a lot of people are asking me the same question right now: should I go fixed or variable?

Here's where things stand. The BoC has held the rate at 2.25% six times in a row now. Most of the big banks expect that to continue through the rest of 2026, but Scotiabank and National Bank aren't ruling out a hike or two if inflation picks up. Markets are only pricing in about a 14% chance of a move on September 2nd, but that number climbs to 44% by October. So it's not exactly a clear-cut call.

If your mortgage is coming up for renewal this year, you're not alone. Over a million Canadian mortgages are renewing in 2026, many of them locked in at those pandemic-era rates under 2.50%. That renewal conversation looks really different now, and the fixed vs. variable decision needs to actually match your situation, your timeline, and your comfort with uncertainty. There's no one-size-fits-all answer here. If you want to talk through what makes sense for you before September 2nd, drop a comment or send me a message and let's figure it out together.

Jeff Adams, Mortgage Agent - Level 2, Mortgage Brokers Ottawa #11759

If you're buying a new build in Ottawa, there are two rebates right now that can stack together — and most people have n...
08/12/2026

If you're buying a new build in Ottawa, there are two rebates right now that can stack together — and most people have no idea both exist.

Here's the quick breakdown. The federal GST rebate (passed earlier this year) eliminates the full 5% GST on new homes up to $1 million for first-time buyers. That's a savings of up to $50,000. Then Ontario announced its own enhanced HST rebate back in March — and this one applies to ALL new home buyers, not just first-timers, for purchase agreements signed between April 1, 2026 and March 31, 2027. That rebate covers up to $130,000. If you're a first-time buyer, both stack automatically. If you've owned before, the Ontario rebate alone still gives you serious relief.

The best part? Both rebates are applied right at closing. Your builder credits them on the statement of adjustments, so you're not chasing a refund after the fact. But there are qualification rules, construction deadlines, and timing windows that matter — so before you sign anything, let's talk through whether you qualify and how this affects your financing picture.

Drop a comment or send me a DM. Happy to walk you through it.

Jeff Adams, Mortgage Agent - Level 2, Mortgage Brokers Ottawa #11759

If your mortgage is coming up for renewal, please don't just sign whatever your lender sends you. I see this happen all ...
08/05/2026

If your mortgage is coming up for renewal, please don't just sign whatever your lender sends you. I see this happen all the time and it genuinely costs Ottawa homeowners thousands of dollars they didn't have to spend.

Here's what's happening right now: we're in the middle of a massive renewal wave, and about 85% of the mortgages renewing were locked in when rates were at or near historic lows. Most people renewing today are looking at a 10 to 20% jump in their monthly payments. That's real money. And more than two thirds of Ottawa homeowners say they're already feeling uneasy about it. I get it.

What I want you to know is that auto-renewing with your current lender is almost never your best option. Your lender isn't obligated to give you their best rate, and most don't. About 75% of borrowers in the Ottawa area have a fixed rate mortgage, which means the majority of you are facing this head on. A TD survey found that 27% of homeowners don't fully understand how to make their mortgage more affordable at renewal. That's exactly why I'm here. Shopping around, understanding your loan-to-value ratio, and knowing what you actually qualify for can make a significant difference in what you pay every single month.

If your renewal is coming up in the next 6 to 12 months, let's talk before you sign anything. DM me or drop a question in the comments and I'll point you in the right direction.

Jeff Adams, Mortgage Agent - Level 2, Mortgage Brokers Ottawa #11759

If you're a first-time buyer in Ottawa looking at a newly built home, this is genuinely one of the best programs I've se...
07/29/2026

If you're a first-time buyer in Ottawa looking at a newly built home, this is genuinely one of the best programs I've seen come along in years. The federal government eliminated GST on new homes up to $1 million, meaning eligible buyers can recover up to $50,000 federally. Ontario is also rebating the full 8% provincial portion of HST, which brings the combined savings up to $130,000. That's real money back in your pocket at closing.

The key things to know: your purchase agreement needs to be signed on or after March 20, 2025, and the home must be newly built or substantially renovated directly from a builder. Resale homes don't qualify for this one. The rebate can even be applied directly at closing, so you may not have to wait to see those savings.

If you're thinking about buying your first home this year, let's chat about how this fits into your overall mortgage plan. I'd love to help you make the most of it.

Send me a DM or book a free call through the link in my bio!

If you're a first-time buyer in Ottawa looking at a newly built home, this is genuinely one of the biggest savings oppor...
07/23/2026

If you're a first-time buyer in Ottawa looking at a newly built home, this is genuinely one of the biggest savings opportunities I've seen in years. Thanks to the new First-Time Home Buyers' GST/HST Rebate, eligible buyers can save up to $130,000 on a new home valued up to $1 million. That's the federal GST rebate and Ontario's provincial portion combined, and it applies to purchase agreements signed on or after March 20, 2025.

Even better, if you already signed a deal after that date and only claimed part of this rebate, you may still be able to go back and claim the Ontario top-up. That retroactive piece is huge and a lot of people don't know about it yet.

If you're thinking about buying a new build or have already purchased one recently, let's talk. I want to make sure you're not leaving money on the table. Send me a DM or give me a call and we'll walk through your options together.

Ottawa is a city where relocation for federal public service work happens every single summer — and the mortgage side of...
07/22/2026

Ottawa is a city where relocation for federal public service work happens every single summer — and the mortgage side of that move is often the most stressful part. 📦🏛️

The federal Integrated Relocation Program helps cover a lot of your moving costs, but it doesn't sort out your mortgage qualification. And that's where things get complicated fast.

Lenders look carefully at employment letters, probationary status, and income continuity. For public servants moving between departments or cities, the wording of your offer letter and the timing of your move window can genuinely affect whether you qualify — and for how much.

I work with Ottawa buyers navigating exactly this situation. Knowing which lenders understand federal employment structures, and how to position your file correctly from the start, makes a real difference in whether your closing happens on schedule.

If your IRP move is happening this summer, now is the time to get your mortgage plan in place — not after you've found the house.

Swipe through to see what you need to have ready. 👇 And feel free to contact me directly — I'm happy to walk you through the process. 🙌

Mid-July is one of the most underrated windows for Ottawa homeowners to think about refinancing — and here's why. 📅🏠With...
07/15/2026

Mid-July is one of the most underrated windows for Ottawa homeowners to think about refinancing — and here's why. 📅🏠

With Bank of Canada rate decisions on the horizon this fall, the current lending environment offers a relatively stable moment to assess your equity position and act strategically. If your home has appreciated and you've been making payments for several years, you may have more accessible equity than you realize.

Refinancing isn't just for people in financial difficulty. Many Ottawa homeowners are using their equity right now to consolidate debt, fund renovations, or reposition their finances before the fall rate cycle plays out.

The key is timing. Waiting until October means you're reacting to changes instead of planning ahead. A mortgage broker can run a full review of your current terms, your equity, and what a refinance would actually look like under today's stress test rules.

Swipe through to understand why July could be the right month to have this conversation. 👇

I'd love to help you figure out if this move makes sense for your situation — reach out to me anytime. 🙌

The Bank of Canada held its overnight rate steady at 2.25% again today — that's six holds in a row now. Honestly, not a ...
07/15/2026

The Bank of Canada held its overnight rate steady at 2.25% again today — that's six holds in a row now. Honestly, not a surprise, but still really important news if you have a mortgage coming up for renewal or you're thinking about buying.

What this means for you is that the rate environment is staying relatively calm for now. Fixed rates are sitting in the low-to-mid 4% range and variable rates are hovering in the mid-3% range. With the Bank signaling that growth should pick up in the second half of the year and inflation staying near their target, there's a lot to consider when deciding what mortgage product makes the most sense for your situation.

Whether you're renewing soon or just starting to think about getting into the market, now is a great time to have a conversation so you're not making decisions in a rush. I'm always happy to walk through your options with no pressure. Shoot me a DM or drop a comment below and let's chat!

Address

300-1701 Woodward Drive
Ottawa, ON
K2C0R4

Telephone

+16137249325

Website

Alerts

Be the first to know and let us send you an email when Jeffrey Adams,AMP - Ottawa Mortgage Agent Level 2 posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Featured

Share

Category