Bank of Canada raises the policy rate by 25 basis points to 2.25%

Bank of Canada raises the policy rate by 25 basis points to 2.25%

October 28, 2026 | Posted by: Vince Savoia, MSM, EPC

The Bank of Canada today increased its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%. Since the July Monetary Policy Report, ...

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Buying Before Selling in Barrie: Mortgage Options

Buying Before Selling in Barrie: Mortgage Options

October 26, 2026 | Posted by: Vince Savoia, MSM, EPC

Found the next home before the current one has sold? Learn which financing options depend on a firm sale, what happens when dates overlap and how to protect your budget. By Vince Savoia, MSM, ...

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Barrie First Responders - Mortgage on Parental Leave

Barrie First Responders - Mortgage on Parental Leave

October 16, 2026 | Posted by: Vince Savoia, MSM, EPC

Expecting a baby or planning parental leave? The timing of your income, return to work and mortgage application can matter as much as the home you choose. By Vince Savoia, MSM, EPC, CCRMC Mor ...

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Retiring Before Closing? Barrie First Responder Mortgages

Retiring Before Closing? Barrie First Responder Mortgages

September 15, 2026 | Posted by: Vince Savoia, MSM, EPC

A practical guide to coordinating your retirement date, pension income and home purchase in Barrie. By Vince Savoia, Mortgage Agent, Level 2, Licence M19000168 | September 15, 2026 You have a retire ...

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Sept 2-2026 - Bank of Canada maintains the policy rate at 2.25%

Sept 2-2026 - Bank of Canada maintains the policy rate at 2.25%

September 3, 2026 | Posted by: Vince Savoia, MSM, EPC

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. The continuing conflict in the Middle East is keeping energy prices ...

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OSI's and Your Mortgage: What First Responders Should Know

OSI's and Your Mortgage: What First Responders Should Know

August 18, 2026 | Posted by: Vince Savoia, MSM, EPC

If you work in policing, fire or paramedic services, dispatch, corrections, health care, or social work, you may have heard the term Operational Stress Injury. It can happen after years of hard calls ...

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HELOC or Mortgage Refinance in Barrie: Which Is Better?

HELOC or Mortgage Refinance in Barrie: Which Is Better?

July 24, 2026 | Posted by: Vince Savoia, MSM, EPC

A practical comparison for Barrie homeowners deciding whether flexible home equity access or a full mortgage restructure better fits their plans. By Vince Savoia, MSM, EPC, CCRMC Mortgage Agent, Leve ...

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How First Responders Can Prepare Overtime Income for a Mortgage

How First Responders Can Prepare Overtime Income for a Mortgage

July 21, 2026 | Posted by: Vince Savoia, MSM, EPC

Overtime, shift premiums and standby pay can form a meaningful part of a first responder’s earnings, but a lender still needs a clear and supportable income picture. By Vince Savoia, MSM, EPC M ...

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Your Barrie Mortgage Renews in the Next 120 Days: A Practical 2026 Review Plan

Your Barrie Mortgage Renews in the Next 120 Days: A Practical 2026 Review Plan

July 21, 2026 | Posted by: Vince Savoia, MSM, EPC

A renewal letter may look simple, but the decision can affect your payment, flexibility and financial plans for years. Here is how to prepare before you sign. By Vince Savoia, MSM, EPC, CCRMC Mortgag ...

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July 15 - 2026 - Bank of Canada Holds Rate at 2.25%

July 15 - 2026 - Bank of Canada Holds Rate at 2.25%

July 15, 2026 | Posted by: Vince Savoia, MSM, EPC

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. Canada’s economy is showing signs of improvement. Growth is p ...

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