by Shawn Selanders | Oct 13, 2026 | Rates & Renewals
Read this first • 30 seconds▶$350,000 from 2021 at 2%: $1,482 a month. Renew the $293,200 left at 4% over 20 years: $1,772. Up $290.▶The 5-year bond went from about 3.3% to 3.69% in a month. Fixed rates jumped up to a full point at some lenders.▶Four ways...
by Shawn Selanders | Sep 21, 2026 | Rates & Renewals
On September 2 the Bank of Canada held its rate at 2.25% for the seventh straight time. Nobody blinked. Then, two weeks later, it published the minutes from that meeting - and buried in them is a sentence every Alberta homeowner with a renewal coming should read...
by Shawn Selanders | Sep 8, 2026 | Rates & Renewals
Here is what most people miss about a mortgage renewal: it is the one moment in your entire mortgage where the power flips to you.When you bought your house, you needed the lender. At renewal, the lender needs you. Your mortgage is a performing asset they very much...
by Shawn Selanders | Sep 3, 2026 | Rates & Renewals
Yesterday the Bank of Canada held its policy rate at 2.25% — the seventh consecutive hold — and warned that tariffs and oil prices could still push inflation above 3%. Here is what that actually means at your kitchen table, in plain English.If you are on a variable...
by Shawn Selanders | Jul 15, 2026 | Rates & Renewals
SHAWN SELANDERSMortgage ArchitectsJuly 2026This MonthThree Things Worth Knowing Before You Sign AnythingHi there,Three things this month: what today's Bank of Canada rate hold means for you, a way to buy your next place without a pile of cash saved up, and a scam...
by Shawn Selanders | Apr 19, 2026 | Rates & Renewals
SHAWN SELANDERSYour Local Mortgage ProfessionalOctober 2025 Rate Cut AlertRates Just Hit 2.25%. The Lowest Since 2022.Hi there,Another month, another rate cut. On October 29th, the Bank of Canada dropped its policy rate to 2.25% — the eighth cut since June 2024. We've...
