Stephanie Roughead - Mortgage Professional

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Fernie, BC
Stephanie Roughead - Mortgage Professional

A licensed Mortgage Broker saving you time and money on your purchases, renewals and refinances

09/02/2026

The Bank of Canada held rates again today, keeping the overnight rate at 2.25% and bank prime at 4.45%.

What does that mean for borrowers?

🏠 Variable-rate mortgages & lines of credit stay the same
📌 No direct impact on fixed mortgage rates

Today’s decision comes as the Bank continues to balance some opposing economic signals. GDP & inflation are both up, which could support a rate increase, but ongoing tariff uncertainty continues to weigh on the outlook.

Most economists are expecting rates to remain on hold through the end of 2026, and potentially into early 2027, with increases possible later in 2027.

But we’ve heard predictions like this before. Economic conditions can change quickly, so for now, it’s still very much a wait & see.

One thing worth watching: variable rates are currently pricing roughly 0.5%–0.9% below fixed rates. For the right borrower, with the cash flow & financial flexibility to handle potential changes, variable can be a very compelling option right now.

As always, there’s no one-size-fits-all answer when it comes to your mortgage. Reach out & we can chat about what makes sense for your situation✨

08/20/2026

Your mortgage, your timeline and your options are personal, so if you’re wondering what any of it means for you, reach out. I’m always happy to chat.

08/17/2026

Buying a home during wildfire season? Add one more person to the group chat..

Your insurance broker.

Home insurance and mortgage financing are more connected than most people realize, and wildfire season is a good reminder to get everyone involved early.

Your realtor is helping you navigate the purchase and your contract.
Your insurance professional can help you understand coverage and whether there are any current restrictions.

Your mortgage broker can make sure you understand how your insurance and any potential delays could affect your financing. And when legal questions come up, that's where your lawyer or notary comes in.

The goal isn't to rush a purchase because wildfire conditions are changing. Quite the opposite. It's about asking questions early, knowing what protections are available and making informed decisions with the right people around you.

If you're buying a home in BC this summer, your mortgage is only one piece of the puzzle, and I'm always happy to help with my piece.

08/11/2026

For some people, a summer home is the dream ☀️🏡

What many people don’t realize is that buying a second property doesn’t always require a 20% down payment.

Depending on the property and how you’ll be using it, you may have more options than you think.

If a cabin, cottage, or lake place has been on your vision board for a while, let’s chat. I’d be happy to walk you through what’s possible.

📞 (250) 423-9851
📧 [email protected]
🌐 stephanieroughead.ca

08/06/2026

Hot takes are fun… but here’s the thing, there are very few mortgage “rules” that apply to everyone.

What worked for your parents, your coworker, or that stranger on TikTok might not be the right move for you.

Every mortgage story is different. Your income, debt, down payment, goals, and timeline all matter. That’s why I don’t believe in one-size-fits-all advice. I believe in finding the option that actually works for you.

Now tell me… which hot take did you agree with? Which one made you raise an eyebrow? 👀 Drop it in the comments.

If you’re wondering how any of these apply to your own situation, let’s chat.

📞 (250) 423-9851
📧 [email protected]
🌐 stephanieroughead.ca

08/03/2026

Let’s hear it…

BC wouldn’t be BC without __________.

No wrong answers (unless you say the rain 😜).

Happy BC Day! Hope you’re making the most of the long weekend.

07/29/2026

One of the most common non-mortgage questions I get is, “Who does your hair?”

Chloe at Society Jane works her magic on the cut and colour, and I visit Wally’s between appointments to keep it looking fresh.

Consider this my official local hair shoutout and the end of my gatekeeping era 😂

07/19/2026

While we have soccer on our minds, let's talk about mortgage red cards 🟥

Over the years, I’ve seen a few mistakes come up again and again. Most of them are completely avoidable, but they can end up costing people time, money, or a whole lot of unnecessary stress.

I rounded up five of the biggest ones I see. Whether you’re buying your first home or you’ve done this before, they’re worth keeping in mind.

Did I miss one? I’d love to hear what you’d give a mortgage red card to. Drop it in the comments! ⚽

📧 [email protected]
📱 (250) 423-9851

07/15/2026

As expected, the Bank of Canada announced another hold today, marking its sixth consecutive rate hold. That means there’s no change to the prime rate, so variable-rate mortgages remain unchanged.

While today’s announcement wasn’t a surprise, it does reinforce what we’ve been seeing for a while now. If rates continue to hold, the discounts available on variable-rate mortgages are becoming more attractive for the right borrower.

Every mortgage strategy is different, and whether fixed or variable makes the most sense depends on your goals, timeline, and comfort level with risk.

If you’re buying, renewing, or just wondering what today’s announcement means for you, let’s chat.

Stephanie Roughead
DLC Mortgage Excellence
📧 [email protected]
📞 (250) 423-9851

07/10/2026

A lot of things slow down in Fernie during the summer.

Schools close. Schedules get a little looser. Weekends fill up with camping trips, lake days, and mountain adventures.

But mortgages don't take the summer off, and neither do I. 🍦☀️
Whether you're buying your first home, renewing your mortgage, refinancing, or just have questions about your options, I'm here all summer long to help.

Enjoy the sunshine, and if a mortgage question pops up between now and September, you know where to find me.

📧 [email protected]
📞 (250) 423-9851

Address

Fernie, BC

Telephone

+12504239851

Website

https://stephanieroughead.ca/

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