Rates are at all time lows and are expected to stay that way for a while! This means payments can’t go much lower. Let’s put interest rates and mortgage costs … Continue Reading Rates are at all time lows
I recently participated in a conference call with Scotiabank’s Chief Economist & SVP, Jean-Francois Perrault and John Webster President & CEO Scotia Mortgage Corporation. It was good to hear … Continue Reading Is the COVID-19 emergency over? An economists prosepective.
Bridge loans are short-term loans that bridge the gap between two different closing dates. More commonly used when an existing homeowner sells their home, and buys another home, with two … Continue Reading Bridge Loans… the what and why!
Some years ago, I did a study on the benefits and disadvantages of online shopping. Sure, you can order food from your favourite restaurant, buy a new set of earbuds, … Continue Reading What’s a Travel agent got to do with a mortgage?
In 2009 and 2010, for the first time ever we saw mortgage rates under 2.00%. That’s right, if you were in a variable rate mortgage, you had a rate under … Continue Reading Navigate through these uncharted waters in 2020
NEW HISTORICAL LOW MORTGAGE RATE MILESTONE REACHED. Last week, we saw a 5 year fixed rate mortgage at under 2.00%. That’s right… 1.99%. If you qualified, the rate applied to … Continue Reading More Rate Drops
I originally posted a breakdown of how mortgage penalties are calculated by different lenders on January 4, 2011. A recent article outlining how TD Bank charged a $30,000 mortgage penalty … Continue Reading Beware of Mortgage Penalties
Posted To: Mortgage Rate Watch
Posted To: MBS Commentary
Posted To: MND NewsWire
Posted To: Pipeline Press