Jeffrey Adams,AMP - Ottawa Mortgage Agent Level 2

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Ottawa, ON
Jeffrey Adams,AMP - Ottawa Mortgage Agent Level 2

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

Working at Mortgage Brokers Ottawa, Licence 11759

11/01/2026

So proud to be part of such a great organization. I am super excited about this new partnership and what it will mean for my clients. If you are a CAA member, please reach out to me and explore what new benefits you have access to. If you are not a member, let's have a conversation to see if becoming a member might be beneficial to you.

10/28/2026

Big news from the Bank of Canada this morning — and if you have a variable-rate mortgage, you're probably already feeling it.

Rates have shifted, and depending on your situation, this could affect your monthly payments more than you'd expect. With more rate decisions still ahead and inflation projected to stick around for a while, now is the time to get ahead of this — not wait and hope things settle.

Whether you're in a variable rate and thinking about locking in, coming up for renewal soon, or still trying to buy your first home in Ottawa's shifting market, I want to help you look at your actual numbers and make a real plan.

What questions do you have about how this affects your mortgage? Drop them below or send me a message — I'm happy to help.

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

10/14/2026

Did you know there are two rebates you can actually stack when buying a new build in Ottawa — and most buyers have no idea they exist? 🏗️💰

Here's what I'm seeing buyers miss right now. The federal First-Time Buyer GST Rebate gives first-time buyers up to $50,000 back on new homes priced up to $1 million. Ontario's mirror program adds up to $80,000 in provincial HST relief on top of that. Stack them and you're looking at up to $130,000 in combined savings.

And for ALL buyers — if your purchase agreement was signed between April 1, 2026 and March 31, 2027, the full 13% HST on new builds could be eliminated for that window. Most builders credit the rebate right at closing too, so you're not waiting around.

Are you currently shopping for a new build or already signed? Drop a comment or send me a message — I want to make sure you're getting every dollar you're entitled to. 👇

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

10/07/2026

Getting help from family for your down payment? You're not alone — and it's completely allowed!

Most lenders will accept a gifted down payment from an immediate family member like a parent, grandparent, sibling, or spouse. If you're an employed buyer, that gift can actually cover 100% of your required down payment. Just keep in mind — gifted funds can't be used for closing costs. Those need to come from your own savings.

A gift letter is a must. It needs the donor's name, their relationship to you, the exact dollar amount, the property address, and a signed confirmation that no repayment is expected. Those funds should also be sitting in your Canadian bank account 15–30 days before closing.

The good news? There's no gift tax in Canada — no surprises from the CRA for either of you.

Have questions about using a gifted down payment? Drop them in the comments — I'd love to help!

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

09/30/2026

Did you know you could pay zero GST on a brand new home under $1 million? That's not a typo — and it's one of the biggest savings opportunities I've seen for first-time buyers in a long time.

Bill C-4 became law on March 12, 2026. If you signed an agreement of purchase and sale on or after March 20, 2025, you may qualify. But here's the catch — if you're buying with a partner, you both need to independently meet the first-time buyer criteria. If one of you doesn't qualify, the rebate disappears entirely.

And when you stack this with Ontario's proposed provincial rebate, total savings could reach up to $130,000. The savings are credited directly by your builder at closing — no waiting on a refund cheque.

Are you thinking about buying new in Ottawa? Drop a comment or send me a message and let's walk through exactly where you stand.

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

09/23/2026

Big decision coming October 28th — the Bank of Canada meets again, and this one is worth paying attention to.

The BoC has held the policy rate steady for seven straight decisions, but markets are now pricing in a real chance of a hike at this next meeting — and December odds are climbing even higher. If your mortgage is coming up for renewal in the next few months, you might be asking yourself: do I lock in now, or wait and see?

Honest answer — it depends on your situation. But "wait and see" carries more risk than it did a year ago. I work with multiple lenders, so I can help you compare what's actually available and figure out what makes the most sense for your goals.

Have you started thinking about your renewal yet? Drop a comment or send me a DM — happy to chat!

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

09/16/2026

The Bank of Canada just held its overnight rate for the seventh consecutive time — and if your mortgage is coming up for renewal, that stability might feel reassuring. But here's what I'm actually telling my clients right now: a hold doesn't mean rates stay frozen forever.

Economists are expecting another hold at the next announcement, but there's growing chatter about potential movement in early 2027. Geopolitical pressure, energy prices, and Canada-U.S. trade tensions are all keeping the BoC on edge. The window to lock in a competitive fixed rate is open right now — and most lenders are offering rate holds for up to 120 days.

If your renewal is coming up in the next few months, let's talk through your options before the picture changes. A quick conversation could save you a lot of stress down the road. Drop a comment below or send me a DM to get started! 👇

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

09/09/2026

Seven holds in a row. The Bank of Canada held its policy rate at 2.25% again on September 2nd — and if you're an Ottawa homeowner coming up on renewal, I know the question on your mind: should I just wait for October?

Here's my honest take. The next announcement is October 28th, and most analysts expect another hold. Waiting isn't necessarily wrong — but it's not a guaranteed win either. Fixed rates follow the bond market, not the Bank of Canada directly, so the October announcement may not change your renewal picture as much as you'd think.

What matters more right now is understanding what your actual options look like so you're not making that decision blind.

If your renewal is coming up in the next few months, let's talk it through before October — so you're ahead of it either way. Drop a comment or send me a message!

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

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

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

Address

300-1701 Woodward Drive
Ottawa, ON
K2C0R4

Telephone

+16137249325

Website

http://www.jeffadams.ca/

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