Facebook
Twitter
Email
Every Canadian’s Dilemma: Variable vs. Fixed
The age-old question when thinking about mortgages is whether to take out a fixed mortgage or a variable product. Today, with fixed rates on the rise, it is a question every homeowner — current or prospective — is asking. Historically, according to different studies — including one recently done by BMO — variable rate mortgages [...]
Read More
Five reasons why you should contact a mortgage broker
In the past, a traditional way of obtaining a mortgage loan was to visit the local bank branch. Back then, a mortgage broker was typically used when the client had lower credit score and was rejected by the bank. The mortgage brokers role has since evolved into something that is much more than just an [...]
Read More
Bank of Canada Maintains Current Rate
The Bank of Canada recently announced that they will be maintaining the current target for its overnight rate; this means that it will stay at 1%. The being said, the Bank Rate stands at 1.25%, while the Deposit Rate stands at 0.75%. If you have been following these rate announcements, you will have noticed that [...]
Read More
