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Mortgages By Mia

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09/02/2026

🏦 BANK OF CANADA HOLDS RATE
The Bank of Canada announced this morning that it is holding its overnight rate at 2.25% — the seventh consecutive rate announcement with no change.

For variable-rate mortgage and HELOC borrowers, this means no change to rates as a result of today’s announcement.

The Bank continues to take a cautious approach as it balances inflation pressures with uncertainty surrounding economic growth and ongoing trade tensions.

The next Bank of Canada rate announcement is October 28, 2026.

Have questions about what today’s announcement means for your mortgage, renewal or upcoming purchase? Feel free to reach out — I'm always happy to run through the numbers with you.

07/15/2026

The Bank of Canada today held its target for the overnight rate at 2.25%, marking the sixth consecutive rate hold.
The Bank noted that Canada's economy is showing signs of improvement and that inflation is expected to ease gradually. At the same time, uncertainty remains elevated due to the conflict in the Middle East, oil-price volatility and ongoing U.S. trade-policy developments.
What does this mean for you?
👉 No immediate changes to borrowing costs
👉 Variable-rate mortgages and lines of credit remain unchanged

06/10/2026

The Bank of Canada has held its overnight rate at 2.25% for a second consecutive announcement.
While inflation has moved higher to 2.8%, much of the increase is being driven by higher energy prices related to ongoing conflict in the Middle East. Core inflation measures remain close to the Bank's 2% target.
The Canadian economy continues to show signs of weakness, with housing activity, business investment, and overall GDP growth remaining soft. As a result, the Bank has chosen to leave rates unchanged while monitoring inflation, economic growth, and ongoing global uncertainty.
What does this mean for homeowners and buyers?
✅ No change to variable-rate mortgages and HELOC rates today
✅ Borrowing costs remain stable for now
✅ Future rate decisions will depend on inflation and economic conditions over the coming months
The next Bank of Canada rate announcement is scheduled for July 15, 2026.
Questions about your mortgage, renewal, refinance, or purchase plans? Reach out anytime.

05/04/2026

Saskatchewan continues to remain in a sellers' market. The average price has increased 5.8% from last March. The province's months of inventory decreased to 3.0 months, the lowest inventory since March 2008.

In Saskatoon, March sales declined 4.7% yearly and Regina sales had a similar result with a decrease of 4.2%. Although yearly prices declined 3.7% in Regina, Saskatoon increased 13.2%.

Overall, the monthly unemployment rate decreased to 5.0% monthly. The largest employment declines for the month occurred in Other Services (-800), Public Administration (-600), Business, Building, & Other Support Services (-500). The
largest improvements were in Construction (1,900), Trade (1,700), Professional, Scientific, and Technical Services (+1,600).

Full-time employment increased by 1,200 jobs, while part-time employment increased by 4,600 jobs. The overall employment increased by 5,800 jobs.

04/29/2026

Good news for variable and adjustable mortgage holders this morning ~ the Bank of Canada kept its key interest rate at 2.25 per cent as expected.

The next scheduled date for announcing the overnight rate target is June 10, 2026.

04/02/2026

While headlines across Canada talk about uncertainty, volatility, and shifting markets, Saskatchewan continues to move differently.

Yes — sales are down slightly.
Yes — prices have adjusted modestly.

But look deeper…
We are still in a seller’s market.
Inventory remains tight.
And in cities like Saskatoon, supply is still extremely low.

This is what Saskatchewan has always done best — steady, resilient, and grounded.
We’re not the market making loud headlines…
We’re the one quietly holding strength while others swing.

From a numbers perspective, this is exactly the kind of market stability many buyers and homeowners underestimate.

There’s something to be said about a place that doesn’t chase hype — it builds value over time.

Saskatchewan really is the little engine that could… and it just keeps moving forward.
If you’re wondering what this means for your situation, reach out — I’ll walk you through it clearly.

03/18/2026

Bank of Canada holds rates, next interest rate announcement is April 29,2026

01/13/2026

📊 Saskatchewan Housing Market Update – 2025 Recap (by CKOM News)

2025 was the 2nd strongest year on record for Saskatchewan real estate with 16,218 homes sold — marking 30 straight months of above-average sales.

🏠 The headline? Demand stayed high… but inventory stayed painfully low.

Key highlights:
• December sales: 792 homes sold – up 3% from last year
• Active listings: Just 2,870 homes province-wide heading into 2026
• That’s nearly 50% below the 10-year average

💰 Prices remain strong:
• Saskatchewan benchmark: $359,000 – up 7% year-over-year
• Regina: $330,900 – up nearly 7% from last year
• Saskatoon: $417,700 – still 6% higher than Dec 2024

📉 Inventory pressure by city:
• Regina: inventory nearly 50% below normal
• Saskatoon: the tightest market in SK — just 2 months of supply

🔮 2026 Outlook:
Demand isn’t the problem. Supply is. Buyers will continue facing competition unless inventory improves.

If you’re thinking about buying, selling, or restructuring your mortgage this year — the earlier you plan, the more leverage you keep.

Smart strategy beats market timing. Always.

01/07/2026

Bank of Canada Rate Announcement
The Bank of Canada announces interest rate decisions eight times each year. In 2026, those dates are scheduled for January 28, March 18, April 29, June 10, July 15, September 2, October 28, and December 9. These announcements can influence variable rates, borrowing costs, and overall market sentiment. Staying informed helps you make confident, well timed financial decisions. If you want to understand how rate changes may affect your mortgage or plans, a quick conversation can go a long way.

12/29/2025

Equity For What Matters Most
Your home equity can do more than sit on paper. It can support education, renovations, downsizing or helping family get started. If you want to explore what is possible, let’s talk about strategic and responsible options.
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506 Queen Street
Saskatoon, SK
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