Red Key Mortgage

https://youtu.be/zOrlsCQEt4A?si=1ePN4ljzZCHAdyEd

(Bonds up another 0.25% today. Rates soon to follow 😔)

If You Don’t Understand Geopolitics, Canadian Mortgage Rates Won’t Make Sense (2026) If you don’t understand geopolitics, Canadian mortgage rates in 2026 simply won’t make sense.In this Q1 2026 update, we break down what’s really driving mort...

Mortgage Refinancing Calgary 2026 | Complete Guide Thinking about refinancing your mortgage in Calgary in 2026? Learn your options, costs, and how to access home equity smartly.

We’re kicking off our new Lender Review Series here at Red Key Mortgage 🚗🔑

Each month, Luke Wile will be breaking down one of Canada’s top 10 mortgage lenders — comparing them to an automobile 🚘 because every lender drives a little differently under the hood.

From the big banks to the top monolines, we’ll highlight what each lender is known for, where they shine, and the programs we actually use to help our clients get the perfect fit.

This isn’t about picking favourites — it’s about helping you understand which lender is built for your journey.

First up: Scotiabank

🏡 Your Best Interest, Always.

Mortgages are simple for us— let us make them simple for you.

Which One Would You Drive? E1: ScotiaBank We’re launching our new Lender Review Series here at Red Key Mortgage — where we compare Canada’s top 10 mortgage lenders to automobiles 🚗Because every lend...

🎙️ The Red Key Mortgage Podcast is now live!

Your trusted source for mortgage tips, market insights, and behind-the-scenes stories from Canada’s mortgage pros.

🎧 Tune in on Spotify, Apple Podcasts, or wherever you listen.

Mortgages are simple for us— let us make them simple for you.

https://youtu.be/jCfbmb6qAx0

Purchase a home with 0% down payment in Canada? Is this legal?! How to Use an RRSP Loan for Your Down Payment (Without Breaking CRA Rules)Most first-time buyers think their down payment has to come from savings or a famil...

🎉This morning, the Bank of Canada brought the prime lending rate down 1/4%🔔. Most lenders will drop their prime from 5.45% to 5.20%. Let us know if you have any questions!

(Fixed rates are not directly impacted by today's announcement).

Mortgages are simple for us; let us make them simple for you.

This morning, the Bank of Canada brought the prime lending rate down 0.25% for a second consecutive time. Most lenders will drop their prime from 6.95% to 6.70%. Let us know if you have any questions!

Today, Jason and his family took possession of their dream acreage home.

Hands down... bottoms up🥂.

Today, the Bank of Canada brought the prime lending rate down 0.25%. Most lenders will drop their prime from 7.2% to 6.95% as a result. Let us know if you have any questions!

All 👀on the Bank of Canada this week…

Mortgage Market Update:

The latest Statistics Canada inflation numbers have brought some more good news for consumers and anyone looking for interest rate relief.

The annualized rate of inflation in April dipped again, falling to a three-year low of 2.7%, down from 2.9% in March.

Two key components in the inflation calculation saw slowdowns last month: shelter costs, and food. Shelter costs – which include mortgage costs and rents – increased by 6.4%, a 1 basis-point decline from March. Grocery price inflation eased to 1.4%, a drop of 5 basis-points from March. Gasoline prices, however, jumped 6.1%, which held the overall inflation rate somewhat higher.

Encouragingly, so-called, core inflation – which strips out prices for volatile items like food and fuel – also continued to decline. This is the measure of inflation the Bank of Canada uses when making its interest rate decisions. April’s average of the core inflation measures came in at 2.75%, down from 3.05% the month before.

Both headline and core inflation now fall inside the Bank’s 1.0% to 3.0% target range.

Many market watchers now believe the BoC will likely go ahead with an interest rate cut at its next meeting on June 5th.

There is one significant report that will arrive between now and then. The latest Gross Domestic Product numbers will be released on May 31st.