Mortgage Broker Saint John NB: The Mortgage Group - Cindy MacFarland

Cindy MacFarland || January 30, 2023

Bank of Canada hikes rates by 0.25%, but is now likely to hit the pause button

The Bank of Canada delivered its eighth consecutive rate hike on Wednesday, January 25, but said it would likely now pause to assess the impacts of its rate hikes to date. As expected, the Bank...

Cindy MacFarland || January 19, 2023

Mortgage Refinance and Amortization Options

The big news in the mortgage world these days has been the steady increase in fixed mortgage rates. Since the start of the year, fixed rates have risen approximately one percentage point, or 100...

Cindy MacFarland || January 19, 2023

Mortgage Renewal Tips

With interest rates rising over the past year, a lot of homeowners are dreading mortgage renewal time. It means you’ll likely be resetting your mortgage at a higher rate, with higher monthly payments....

Cindy MacFarland || January 12, 2023

Canada’s new foreign buyer ban for 2023

The start of 2023 saw Canada’s new foreign buyer ban officially come into effect. The two year-ban, originally passed by Parliament in June to help address housing affordability challenges, will...