September 25, 2018Categories All PostsFirst Time Home BuyersMortgage MaturityRefinanceCredit Score – The Rules Have ChangedIn my last blog post titled Credit, Income, Net Worth – What’s Most Important to Lenders – I touched on how the new mortgage rules have […]
September 21, 2018Categories All PostsFirst Time Home BuyersMortgage MaturityRefinanceCredit, Income or Net Worth – What’s Most Important To The Lenders?With the significant changes in the mortgage rules since 2016, I thought it would be a good idea to go back to the basics and talk […]
September 5, 2018Categories All PostsMortgage MaturityPurchasesRefinanceVariable RatesNo Increase With NAFTA On The RopesTo the surprise of 50 per cent of economists, the Bank of Canada (BOC) left the prime rate unchanged today. Two key factors kept the bank […]
July 11, 2018Categories All PostsMortgage MaturityPurchasesRefinanceVariable RatesPrime Increases But Is The BOC Done for 2018?The Bank of Canada (BOC) increased the prime rate by 25bps today which means prime will now be 3.7% with most lenders by the end of […]
May 30, 2018Categories All PostsMortgage MaturityPurchasesRefinanceVariable Rates[Rate Update] Beware of the “Flea Market Effect”As anticipated the Bank of Canada ( BOC ) left rates unchanged today. Though gasoline prices have turned up the heat on the inflationary stove, the […]
April 19, 2018Categories All PostsMortgage MaturityPurchasesRefinanceVariable RatesAre Variable Mortgages Becoming More Attractive?The Bank of Canada (BOC) left the prime rate unchanged today. Which means the prime is 3.45% with most institutions, or 3.6% if you bank with […]