Elena Russell - advisor

9 tips for getting the most out of your mortgage renewal
Let’s connect and talk about the latest insights in the industry!
https://www.roomvu.com/agent-news/elena-russell-pfp-fma-cfds/405027-9-tips-for-getting-the-most-out-of-your-mortgage-renewal

CMHC: Renewal Wave Eases, Market Stability on the Horizon
Did you know Canada’s mortgage renewal wave just peaked, but higher rates mean many homeowners—especially in Toronto & Vancouver—are still feeling the pinch? 🏠💸 Find out how shifting loan terms and rising delinquencies could impact you!
https://www.roomvu.com/agent-news/elena-russell-pfp-fma-cfds/1713912-CMHC%3A-Renewal-Wave-Eases%2C-Market-Stability-on-the-Horizon

📉 Market Update: Inflation news just got interesting!
Canada’s latest CPI came in at 2.8%, below expectations, while core inflation dropped to 2.05% — moving very close to the Bank of Canada’s 2% target. 👏

So what does this mean for mortgages?

✔ Variable rates may see short-term stability
✔ Fixed rates still depend heavily on bond markets
✔ Markets are still pricing possible future rate hikes
✔ Strategy matters more than trying to perfectly time rates

Bottom line: inflation may be cooling faster than headlines suggest, but uncertainty remains. If you're renewing, buying, refinancing, or planning your next move, now is the time to have a strategy.

📩 Reach out anytime to chat mortgage options! 780 700 0874

Elena Russell, FOF< FMA, CFDS, CRMS
Lead Mortgage Planner
Fast Track Mortgages | Mortgage Architects