When Will The Bank of Canada Stop Raising Rates? Attention Canadian Homeowners and Homebuyers! The Bank of Canada raised rates AGAIN September 7th, this time by three quarters of a percent, taking Prime rate to 5.45%! With interest rates on the rise, in fact a total...
? With Rising Mortgage Rates, What Are Your Options For Your Variable Rate Mortgage With the Bank of Canada raising prime rate again, and further increas(es) expected, variable rate mortgage holders are asking about options! – Stay put, ride it out until rates...
VARIABLE RATE MORTGAGE HOLDERS If you are currently in a variable rate mortgage, I wanted to give you this update prior to the next Bank of Canada meeting July 13th! At this point, we can fully expect a 75 basis point hike, the highest we have seen in decades, taking...
When you think of getting a mortgage, do you think instantly of going to the bank? If you’re like most people, this will be the case. However, CREDIT UNIONS offer some UNIQUE ADVANTAGES that can often have my borrowers qualifying for more mortgage when they...
MortgageMinute Update this Week! There is always a lot happening in the real estate and mortgages and these past weeks have been no exception with some BIG news for mortgages! If you are thinking of buying or selling, refinancing or renovating, here’s what you...
Attention Home Buyers and Realtors!! Important Info about How Much Mortgage You Qualify For! The mortgage stress test rate is going up June 1st! Your pre-approval or rate hold will NOT protect you after this date so make sure you know how much you will qualify for...
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