The incredible variable rate wars we’re seeing this month are about to come to a close! It would be a shame to miss out on these savings! And, while there … Continue Reading Record-Low Variable Rate Wars EXPIRE THURSDAY… Don’t miss out!
In order to fully understand how to take advantage of record-low variable rates, it’s important to learn some mortgage history. BMO came out swinging first a week ago with a … Continue Reading And the Variable Rate price wars begin… Here’s how you can benefit!
Quoting rates isn’t straightforward anymore. Your final rate is based on your credit score, purchase price or home value (homes over $1 million purchased after Oct 17, 2016 have higher … Continue Reading Prime minus 1.09%… Yes, this is a record-low Variable Rate!
Much has been written about last week’s Posted rate hikes by TD and RBC. Don’t panic! This is just their posted rate – it’s not the actual rate they give … Continue Reading TD & RBC raised the POSTED rate… but not their REAL rates
I originally posted a breakdown of how mortgage penalties are calculated by different lenders on January 4, 2011. This remains relevant today and, since this has been my most popular … Continue Reading Mortgage Penalties: You could pay thousands to break your mortgage depending on your lender!
In recent months, we’ve seen the mainstream media publish several stats and articles about Canada’s declining real estate market. The popular stories go something like this: Home sales fall by 22%; … Continue Reading REAL facts on Housing Prices… they’re not dropping like you may think!
Yesterday, Bank of Canada (BoC) Governor, Stephen Poloz, left rates unchanged. This kept the bank prime rate at 3.45%. This also, indirectly, affects fixed mortgage rates. Great news for anyone with … Continue Reading Got a mortgage? Good news: Bank of Canada didn’t raise rates yesterday!
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