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Election 2025: What Canadian Homebuyers Need to Know Before Casting Their Vote With the Canadian federal election just around the corner, millions of Canadians are getting ready to head to the polls. For many, the key issues this year include housing affordability,...
Bank of Canada Hit Pause on Rate Cuts – What This Means for Homeowners and Buyers After months of consistent rate reductions, the Bank of Canada (BoC) has decided to hit pause on its rate-cutting strategy, leaving the overnight lending rate at 2.75% as of April. This...
Navigating Interest Rate Changes and Mortgage Challenges: Why GLM Mortgage Group is Your Best Ally The Canadian housing market is facing unprecedented challenges as economic uncertainty continues to shake homeowners and prospective buyers. With recent interest rate...
Owning a home is one of the most significant financial investments you’ll make in your lifetime. To ensure its longevity, maintain its value, and avoid costly repairs, regular home maintenance is essential. Neglecting upkeep can lead to structural damage, reduced...
Renovation Tips That Add Value to Your Home Home renovations can be an exciting yet challenging endeavor, especially when trying to balance personal preferences with projects that will add long-term value to your property. Whether you're planning to sell your home in...
Home Security Tips to Protect Your Property Home security is a top priority for homeowners, and ensuring that your property is safe from potential threats is essential for peace of mind. Whether you’re a first-time homeowner or have lived in your home for years,...
Portable Mortgages: How to Move Without Losing Your Great Rate When buying a home, securing the best mortgage rate and terms is a major financial achievement. But what happens if life changes, and you need to move before your mortgage term is up? Many homeowners fear...
Navigating the Impact of U.S. Tariffs on the Canadian Housing Market: How GLM Mortgage Group Can Help The recent decision by the U.S. government to impose a 25% tariff on Canadian imports, along with a 10% tariff on energy, has sent ripples through the Canadian...
Big News for Homebuyers: Higher Default Insurance Limits and 30-Year Amortizations Effective December 15th, 2024, significant changes to Canadian mortgage rules will provide new opportunities for homebuyers. The maximum home purchase price eligible for default...
Big News for Homebuyers: Higher Default Insurance Limits and 30-Year Amortizations Effective December 15th, 2024, significant changes to Canadian mortgage rules will provide new opportunities for homebuyers, including higher default insurance limits. The maximum home...
Major Mortgage Rule Changes in Canada: What They Mean for You Recent announcements from the Office of the Superintendent of Financial Institutions (OSFI) and updates to insured refinancing rules have introduced pivotal changes for Canadian homeowners. These...
2024 Recap: Key Trends, Policies, and Regulations Impacting Canadian Homeowners As 2024 comes to a close, it’s time to reflect on the year’s most impactful developments in the Canadian real estate market. From evolving tax policies to regulations on property types,...