Valerie Kowalchuk - SKY Financial Corp. o/a The Mortgage Centre

10/30/2025

As expected the Bank of Canada dropped their overnight lending rate by .25% on Wednesday. This is more great news for variable/adjustable mortgage rates and clients with home equity lines of credit.

Canada’s largest banks have lowered their prime rates by 25 basis points, matching the Bank of Canada’s latest rate cut, bringing variable-rate borrowers additional relief as the easing cycle winds down.

09/03/2025

🌊 A friend of mine has a fantastic property for sale in Sylvan Lake with a gorgeous view of the lake! 🏡✨ Perfect as an investment property for Airbnb/VRBO or as your very own vacation getaway or call this fabulous property home. Don’t miss this opportunity to enjoy lake living at its best.

Mortgage payment over 25 years on a 5 year term with 5% down is 2690.00 monthly plus property taxes. No condo fees.

22 Vincent Gate, Sylvan Lake, Alberta T4S0V7

04/16/2025

The Bank of Canada pauses interest rate cut for the first time in 12 months. The overnight lending rate remains at 2.75%
With Global uncertainty, Economists were hoping for another small cut, but with US tariffs being temporarily paused, Canada decided to hold off any additional cuts today.

04/05/2025

Check out this cute little home🏠

$1765.00 monthly payment with 5% down payment / 25 year amortization.

https://mccapp.ca/app/valerie-kowalchuk/report/oDTWDFXV0QoAbDnougrF

03/17/2025

Happy St. Patrick’s day ☘️ Wishing you a day filled with luck, green attire, and maybe even a pot of gold!🌈😉

03/13/2025

The Bank of Canada 🇨🇦 dropped its key interest rate by .25% this morning. ⬇️Prime Rate is now at 4.95% with most lenders.
What this means? Variable and adjustable rate mortgages and lines of credit will drop .25%

Another rate cut! The Bank of Canada has reduced its policy rate by 25 basis points to 2.75%, marking its seventh straight cut. While the economy has shown strength, ongoing trade tensions are weighing on business confidence. What does this mean for you? Lower borrowing costs!

02/14/2025

Home is where the ❤️ is! Happy Love day 🥰

11/27/2024

Here are the latest projections from the Big 5 Banks in Canada for the Bank of Canada policy rate which is currently at 3.5%
If so, adjustable rate, variable rate and line of credit products should continue to decline in 2025.

Wondering where the Big 5 Banks see the Bank of Canada policy rate landing by the end of 2025? Here are their latest forecasts...

11/22/2024

11/22/2024

Positive news for clients with uninsured “conventional” mortgages! Straight switches no longer require the stress test to move a mortgage to another lender.

Good news for Canadian homeowners! 🎉 As of November 21, 2024, switching mortgage lenders will be easier than ever.

OSFI’s new rules mean:
✔️ No stress test for straight switches of uninsured mortgages.
✔️ More freedom to shop around for better rates or terms.

This change is a win for borrowers, offering fairness and flexibility when it’s time to renew. Looking to secure a better rate or better overall mortgage product? Contact a Mortgage Centre Canada Agent today!

11/11/2024

10/14/2024

Happy Thanksgiving 🦃🍁❤️