# Mortgage Insights - Winter 2025 ![Winter Storm 1](https://d2r7yk1mqahd04.cloudfront.net/images/Winter-Storm-1.png) ### Winter 2025 # A tariff storm? We'll throw on a toque and push through. It's the Canadian way. [Email link](https://mailchi.mp/776319952810/boc-rate-up-by-5384366?e=%5BUNIQID%5D) ## There's snow better time to save more — and plan for what's coming. We care. We say [sorry](https://www.facebook.com/JimGaffigan/videos/canadian-politeness/1136027874449109/) a lot. We say toque instead of beanie and pay for our mortgages one term at a time. As Canadians, we also **stand up** for ourselves. True North Mortgage is named for the Canadian way, and for over 18 years, we've been [standing up](https://www.truenorthmortgage.ca/about-us/about-us) for better rates and mortgages to help clients save **more** of their hard-earned cash. Whether it's protecting your **home** from a snowstorm or your **budget** from a [trade storm](https://www.truenorthmortgage.ca/blog/how-trumps-tariffs-could-shape-mortgage-rates-in-2025), these **tips and advice** can help you weather the season to reach home-owning success (ideally with enough loonies left over to enjoy a BeaverTail). --- ## Import-ant mortgage decisions ahead. Layer up with great savings advice and carry on (with us, to save more). ### Incoming seismic rate shifts? Learn how Trump's tariffs could jackhammer our economy and impact variable and fixed mortgage rate decisions this year. **[TARIFFS IN, RATES DOWN?](https://www.truenorthmortgage.ca/blog/how-trumps-tariffs-could-shape-mortgage-rates-in-2025)** ### Why is a winter pre-approval a gem among snowflakes? (Yes, real Canadian snowmen wear toques.) Use the quiet calm to get your finances sorted, **hold your rate,** and spot the home deal ahead of the spring competition. **[PRE-APPROVAL TIME](https://www.truenorthmortgage.ca/blog/why-wintertime-is-a-hidden-gem-for-mortgage-pre-approvals)** ### Renewal rate woes, eh? Are you one of the over 1M homeowners potentially renewing into higher rates in 2025? We can shop for your best deal to help keep your payments lower. **[GET RENEWAL TIPS](https://www.truenorthmortgage.ca/blog/negotiate-a-better-mortgage-renewal-rate)** ### Tariffs are weird. So are high home prices. You're not weird for thinking it's weird. (An [Egg Farmers of Canada](https://youtu.be/wl8QCFqawEc?si=1PnayPzIuxLlGzgn) slogan that works just fine here). Will tariffs increase home prices? Will lower rates offset them? **[HOUSING FORECAST??](https://www.truenorthmortgage.ca/blog/housing-market-forecast)** --- ## Inter-provincially supplied lower rates. Tariff-free. **Just how polite (aka Canadian-like) are the advertised rates you see online?** Our discounted rates usually come with flexible mortgage features, fewer [fees](https://www.truenorthmortgage.ca/about-us/fees), and transparency for what's in your mortgage fine print. That's a polite way of saying our [rates](https://www.truenorthmortgage.ca/rates) can help you save more now and later. **What's not polite?** Rates that come with hidden [restrictions](https://www.truenorthmortgage.ca/blog/mortgage-traps), higher [costs](https://www.truenorthmortgage.ca/blog/semi-annual-interest-compounding-vs-monthly) and pre-payment penalties, and certain [changes](https://www.truenorthmortgage.ca/blog/mortgage-payment-frequency) that aren't free. Have to buy or [renew](https://www.truenorthmortgage.ca/tools/renewal-calculator) soon? Check out our rate specials, and call us today to hold your rate. --- # Toque on! Duty time. You live in Canada. So you (obviously) relish spending time outside in the cold. ## Winter Home Maintenance Tasks With a warm Timmie's double-double in hand (decaf if you must), work through our handy [tips and tasks](https://www.truenorthmortgage.ca/blog/winter-home-maintenance) to help **protect** your investment from harsh weather and **reduce** your monthly energy costs. --- ## Great advice is like throwing on a parka — we've got you covered. Canadians have survived sub-zero skiing, ice storms, hockey heartbreak, and poutine shortages (it's an accepted fact that poutine helps keep us warm in the winter). With an expert True North broker in your corner (parka-equipped), your **mortgage needs** are covered for whatever comes along the way. **Did you know?** Over [half of Canadian homebuyers](https://www.mpamag.com/ca/specialty/alternative-lending/half-of-homebuyers-now-use-mortgage-brokers-as-nonbank-lending-surges/524052) now use mortgage brokers and [non-bank lenders](https://www.truenorthmortgage.ca/about-us/think-financial) to get a better mortgage deal. If you only bicker with your [bank](https://www.truenorthmortgage.ca/about-us/video) — you'll never know the **nicer deal** you could have gotten through us (sometimes *with* your own bank). Our huge volume and access to multiple lenders offer you an **advantage** in getting better rates with unbiased advice, saving you in [more ways](https://www.truenorthmortgage.ca/blog/all-the-ways-to-save-on-your-mortgage) than just your great rate. And, we have the **flexibility** that the big banks don't if you need a [short-term mortgage](https://www.truenorthmortgage.ca/mortgage-solutions/complex-mortgages) solution to weather a financial storm. ## [Easily apply](https://apply.truenorthmortgage.ca/apply) online now **OR** ## [Talk to a broker](https://www.truenorthmortgage.ca/company) in your preferred language **[TARIFF-ICALLY GREAT RATES (TOO SOON?)](https://www.truenorthmortgage.ca/rates)** --- ### Extreme storm (mortgage) survival skills: - [How can posted vs actual rates cost you more?](https://www.truenorthmortgage.ca/blog/posted-rates-vs-actual-rates) - [Your go-to renewal payment calculator](https://www.truenorthmortgage.ca/tools/renewal-calculator) - [How different debt can affect your home purchase](https://www.truenorthmortgage.ca/blog/how-does-different-debt-affect-your-mortgage-approval) - [Need a second mortgage with that toque?](https://www.truenorthmortgage.ca/mortgage-solutions/second-and-third-mortgages) - [Recast your mortgage for lower payments (and to stay warm while ice fishing)](https://www.truenorthmortgage.ca/blog/mortgage-recast) / /