Mortgage by Julie Curcio-Birch

Mortgage by Julie Curcio-Birch Mortgage Agent & Realtor | Ontario

Helping buyers & investors make confident, strategic real estate decisions. Mortgages are tools - let’s use them wisely.

Invest Boldly | Education | Strategy | Growth

416.888.0111 | [email protected] Whether you are a first time homebuyer, looking to build wealth through real estate, self- employed and need lending solutions to invest, purchase or refinance a residence or a seasoned investor, I can help. I work with clients across Canada and have solid relationships with many lenders in the industry includ

ing banks, credit unions, trust companies and private lenders. I am a client focused, results driven mortgage professional working for you. Contact me today, let’s get started!

Key Changes Under Bill 60All lease terminations and evictions must now use LTB-approved forms only.Eviction notices for ...
01/28/2026

Key Changes Under Bill 60

All lease terminations and evictions must now use LTB-approved forms only.

Eviction notices for non-payment of rent can be issued after 7 days instead of 14.

For personal use evictions, landlords must give 120 days’ notice, but are no longer required to pay one month’s rent or offer relocation.

Tenants must pay at least 50% of the rent claimed to raise issues at a non-payment eviction hearing.

LTB review requests must be filed within 15 days, down from 30.

What This Means

For landlords:
The eviction process is faster and more predictable, reducing financial risk and delays. These changes rebalance a system that previously favoured tenants in non-payment situations.

For tenants:
Tenants can no longer withhold rent and raise issues for the first time at a hearing without paying part of what’s owed. This encourages disputes to be addressed earlier and rent obligations to be met.

📊 Bank of Canada Rate Update – What You Need to KnowThe Bank of Canada held its benchmark overnight rate at 2.25% today,...
01/28/2026

📊 Bank of Canada Rate Update – What You Need to Know

The Bank of Canada held its benchmark overnight rate at 2.25% today, marking the second straight rate hold and the first policy decision of 2026.

So… what’s behind the pause?

• Economic conditions are largely unchanged since the October outlook
• Ongoing U.S. trade restrictions and uncertainty continue to weigh on Canada
• After a strong Q3, GDP growth likely stalled in Q4
• Exports are still feeling the pressure from U.S. tariffs
• Domestic demand is showing signs of life
• Employment has improved, but unemployment remains elevated at 6.8%

💡 What this means for borrowers:

Stability - for now. Rate holds can offer breathing room, but uncertainty remains, especially with global and trade-related risks still in play.

As always, strategy matters more than headlines. If you’re buying, renewing, or investing, this is the time to stay informed and proactive.

Real Estate by Julie Curcio-Birch

04/02/2025
04/01/2025

Hello, April! 🌷 The days are getting longer, the blooms are getting brighter, and a fresh new month is here to inspire growth, renewal, and a little more sunshine in our lives. Let’s make it a good one!

09/27/2024

Good morning! I have been fielding a lot of questions around this new announcement...here is a simple explanation around the new rules :

Canada’s banking regulator is easing the burden on homeowners trying to switch their lender when renewing their mortgage by dropping the need to reapply the stress test.

The Office of the Superintendent of Financial Institutions (OSFI) is ending the need for lenders to apply the minimum qualifying rate — the mortgage stress test — on straight switches of uninsured mortgages at renewal.

A straight switch sees a homeowner renew their mortgage at the end of their term with a new lender, but maintain the same amortization schedule and loan amount. Essentially, it's the same mortgage but under a new lender.

The mortgage stress test sees lenders subject prospective homebuyers to a qualifying rate of 5.25 per cent or two percentage points above whatever contract rate is being offered on a mortgage, whichever is higher.
The goal is to protect homeowners, lenders and the wider financial system should interest rates suddenly rise higher, reducing the risk that borrowers would be unable to make their payments.

If you have any questions or are up for renewal - give me a call!
(416) 888-0111
[email protected]
Real Estate by Julie Curcio-Birch

Having to requalify at potentially higher rates can limit competition, however, as borrowers already don't need to pass the stress test when renewing their terms with their existing lender.

Send a message to learn more

08/26/2024

Mortgage renewals are around the corner for many of us…
Yes, rates have finally started to come down, however getting the best rate also means ensuring your credit bureau is in good standing. If you are carrying debt, chances are your credit bureau has been impacted. This can make shopping for a better rate and terms challenging, I can help … call me and we can review your bureau in time to prevent any last minute concerns.
With time on your side, lets review your credit situation and set you up for the best leverage you can get at renewal time.
Let's chat about your plans and we will get working on a new plan right away!
Mortgage by Julie Curcio-Birch (416) 888-0111

Send a message to learn more

05/08/2024

June 2024 Canada Mortgage Rates Forecast:

The next Bank of Canada rate announcement will take place on June 5th. Most market predictions suggest that the rate could be decreased by 25 basis points. However, without a sustained or further reduction to CPI, the Bank may leave the key rate unchanged to avoid sabotaging the gains it has made in its inflation fight. The Bank needs to be mindful not to tip the scale too far and cause a prolonged slump in the housing market and a contraction in employment.

Long-Term Mortgage Rates Forecast:

The economy is finally beginning to feel the effects of the interest rate increases implemented, as it can take up to 24 months for the rate hikes to work through the economy. The Bank has achieved its goals within 12 to 18 months in past rate tightening cycles. However, this cycle has proven to be quite challenging for the BoC and most other central banks of advanced economies.

The impact of interest rate increases is being felt throughout the housing market as sales volumes have decreased.

Send a message to learn more

03/31/2024
03/31/2024

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Toronto, ON
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