Mortgage Alliance

Mortgage Alliance Want more information about your home financing options? Find your local MAC Pro at https://www.mortgagealliance.com

The Bank of Canada has held its policy rate at 2.25% for the seventh consecutive decision.For Canadian homeowners and ho...
09/02/2026

The Bank of Canada has held its policy rate at 2.25% for the seventh consecutive decision.

For Canadian homeowners and homebuyers, another hold means the policy rate remains unchanged for now. Whether a mortgage renewal, refinance, or home purchase is ahead, this is a good opportunity to review the numbers and understand the options available.

Connect with your Mortgage Alliance Professional to discuss what today’s Bank of Canada decision could mean for your mortgage plans.

Mortgage decisions come with a lot of numbers, terminology, and choices, but understanding them shouldn’t feel complicat...
09/01/2026

Mortgage decisions come with a lot of numbers, terminology, and choices, but understanding them shouldn’t feel complicated.

Whether you’re buying, renewing, or refinancing, understanding the mortgage math and knowing what options may be available can help you make a more informed decision. With the right guidance, those numbers can start to tell a much clearer story about what’s possible and what makes sense for you.

Connect with your Mortgage Alliance Professional today to make sense of your mortgage options and plan your next move.

Yes, it’s possible to buy a home in Canada with as little as 5% down, depending on the purchase price and your eligibili...
08/31/2026

Yes, it’s possible to buy a home in Canada with as little as 5% down, depending on the purchase price and your eligibility.

For homes priced at $500,000 or less, the minimum down payment is 5%. Above $500,000 (up to $1.5 million), the minimum is 5% on the first $500,000 and 10% on the portion above that. Homes purchased with less than 20% down generally require mortgage default insurance.

A smaller down payment can make homeownership more accessible, but there’s more to consider than the minimum. We can help you understand down payment requirements, qualification and the mortgage options available to you.

Thinking about buying a home? Connect with your Mortgage Alliance Professional to find out what’s possible and start building a plan.

Paying off debt before buying a home can improve mortgage qualification, but using too much of your savings could leave ...
08/28/2026

Paying off debt before buying a home can improve mortgage qualification, but using too much of your savings could leave less for a down payment and closing costs.

The best approach depends on the full financial picture. We can help determine which debts to prioritize and how to prepare for a mortgage.

Planning to buy? Connect with your Mortgage Alliance Professional and build a strategy before making the next move.

Why work with a mortgage broker instead of going straight to a bank?A bank can offer its own mortgage products. A mortga...
08/27/2026

Why work with a mortgage broker instead of going straight to a bank?

A bank can offer its own mortgage products. A mortgage broker can explore options from multiple lenders, helping homebuyers and homeowners compare rates, features, terms and lending solutions based on their individual needs.

That broader access can make a difference. Mortgage brokers can help clients:

• Compare mortgage options from multiple lenders
• Understand fixed, variable and adjustable rate choices
• Navigate lender requirements and qualification criteria
• Find solutions for unique income, credit or property situations
• Review the fine print beyond the interest rate
• Get guidance throughout the mortgage process

Whether buying a home, refinancing or approaching a renewal, having more options and professional guidance can help clients make a more informed mortgage decision.

Ready to see what options are available? Connect with a Mortgage Alliance Professional and put the power of choice to work.

The next Bank of Canada rate announcement is Wednesday, September 2. Changes to the overnight rate can affect variable-r...
08/26/2026

The next Bank of Canada rate announcement is Wednesday, September 2. Changes to the overnight rate can affect variable-rate mortgages and other borrowing costs, making these announcements important for Canadian homeowners and buyers.

Whatever the decision, understanding what it means for an individual mortgage is what matters most.

Have questions about how a rate decision could affect your mortgage? Connect with your Mortgage Alliance Professional today.

Quiz Time!How much does your credit score really matter when applying for a mortgage? More than you might think. It give...
08/25/2026

Quiz Time!

How much does your credit score really matter when applying for a mortgage? More than you might think. It gives lenders insight into how you manage credit and can play an important role in the mortgage options available to you.

The answer is B: Your credit score helps determine your borrowing eligibility and options. A stronger credit profile can help open the door to more lenders, mortgage products and potentially more favourable terms.

Not sure where your credit stands or how it could affect your mortgage? Connect with a Mortgage Alliance Professional and find out before you apply.

Buying a first home starts long before finding the perfect listing.Building savings, understanding credit, knowing what ...
08/24/2026

Buying a first home starts long before finding the perfect listing.

Building savings, understanding credit, knowing what you can comfortably afford and getting mortgage-ready can put you in a stronger position when the right home comes along.

Thinking about buying your first home? Connect with a Mortgage Alliance Professional and start preparing today.

A great mortgage isn’t just about getting a competitive rate. It’s about having the right strategy behind it.Features, f...
08/21/2026

A great mortgage isn’t just about getting a competitive rate. It’s about having the right strategy behind it.

Features, flexibility, prepayment options, penalties and long-term financial goals can all affect whether a mortgage is truly the right fit. The lowest rate on paper isn’t always the best value.

Look beyond the rate. Connect with your Mortgage Alliance Professional and build a mortgage strategy around what matters most to you.

Buying a first home comes with benefits that could make getting there a little easier.From tax-advantaged savings throug...
08/20/2026

Buying a first home comes with benefits that could make getting there a little easier.

From tax-advantaged savings through the First Home Savings Account, to accessing eligible RRSP funds through the Home Buyers’ Plan, to a 30-year insured amortization for eligible first-time buyers, understanding what’s available can make a meaningful difference when planning a purchase.

Thinking about buying your first home? Connect with a Mortgage Alliance Professional to explore which benefits you may qualify for and how they could work together.

Address

Toronto, ON

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm
Saturday 9am - 5pm
Sunday 9am - 5pm

Telephone

+18773663487

Website

Alerts

Be the first to know and let us send you an email when Mortgage Alliance posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share