Rob Ackerley Real Estate

02/19/2026

https://www.canadianmortgagetrends.com/2026/02/mortgage-rate-outlook-why-experts-say-the-next-move-could-be-lower/

04/10/2025

12/25/2024

Happy Holidays to All!

11/22/2024

Fitness is not merely a destination; it’s a transformative journey that shapes who we are every single day. It’s the sunrise run that clears our minds, the weights that build our strength, and the countless moments of perseverance that define our resolve. It’s a lifestyle where each step forward is driven by passion and purpose, not just reaching the finish line. Embrace the sweat, cherish the progress, and let the journey inspire your soul.

11/18/2024

Introducing the Laurels

New condos coming soon to milton. The Laurels Condos, a new development by Mattamy Homes, located in Milton at the intersection of Highway 25 and Britannia Road. This modern condo community offers a mix of city conveniences and suburban peace, with contemporary designs and various amenities. The Laurels Condos a great place to live for individuals and families seeking a balanced lifestyle in a bustling and growing area, with easy access to major highways, shopping centers, parks, and schools.

11/15/2024

Do you ever struggle with reality? Of course who doesn't. On that note, does it ever seem that everyone else has a better, more together life than you do?

The trust in life is the trust in oneself. The idea that we are all separate is merely a mind generated illusion that keeps us from connecting. If you could imagine that your friends, the guy walking down the street next to you, the girl behind you in line at Starbucks, they think the same way.

We are all in this together. This experience called life.

11/14/2024

Now, there two types of mortgages: variable and fixed.

A fixed-rate mortgage the most popular type of mortgage since it assigns a fixed rate during the term of the loan, meaning that borrowers will only need to focus on a predetermined monthly payment (principal and interest). The mortgage rate for a fixed mortgage influenced by the central bank bond yields and broader changes in the bond market.

Financial experts purport that the five-year bond can generally provide a glimpse into where fixed rates may be heading. So, if the five-year bond yields edging higher, fixed rates may emulate this trend. On the other side of the equation, if the five-year bond yields down, this might signal that fixed rates will fall.

A variable-rate mortgage a category of home loan whereby the interest rate not fixed and tied to the Prime rate, so the rate on a variable-rate mortgage will fluctuate whenever the Prime rate does. The mortgage rate for this product tied to lender Prime rates, which impacted by the BoC’s benchmark rate, also known as the overnight lending rate.

But how does the central bank influence fixed mortgage rates? Financial institutions acquire government bonds to generate a fixed-interest income. With that being said, fixed mortgage rates will compete with bonds to attract capital, so everyone will monitor bond yields to determine how high or low to establish mortgage rates.

“Remember that your lender’s funding cost determines most of the mortgage rate. The cost of funding jumped in the early days of the pandemic as investors became nervous. Many simply wanted to hold on to their cash given how uncertain everything was. So, the funding that normally easy for lenders to get slowed to a trickle. This drove up the funding cost, even as the Bank of Canada’s policy interest rate fell,” the institution wrote in a May 2020 paper.

# borrowers

11/13/2024

Ever thought of mixing condo hunting with a splash of fun? 🍸🏢 Here’s the recipe: bring curiosity, a checklist, and maybe a condo cocktail to sip while you scope the space. From closet space to balcony views, let the condo vibes guide you! Just remember—the only ‘buzz’ you want is excitement (or maybe a double-shot latte ☕). Cheers to finding a space that feels like home! 🥂🏙️

11/11/2024

Today, we pause to remember those who gave everything for the freedom we cherish. In honor of their courage, we reflect on the strength and resilience that shaped our country. 🇨🇦

Lest we forget, may their legacy inspire us to build a future worthy of their sacrifice.