Obtaining a mortgage or secured line of credit in Canada at the best rates is often a daunting task. We can help! Read the articles below for more info.
Latest News
BoC Drops Key Rate 0.50%-Pts. Will Prime Rate Follow? + MORE Mar 5th
The coronavirus contagion left the Bank of Canada little option today. It cut Canada’s key interest rate amid fears of a deepening economic downturn. It was the bank’s first rate cut in nearly five years and likely won’t be its last this year.
The move brings Canada’s overnight target rate .... More »
Switching to a better bank account Dec 17th
Almost every adult Canadian has a bank account, according to the Canadian Bankers Association. And there are practical reasons for that: most of us need a bank account to cover rent or mortgage payments, receive paycheques and to maintain our lifestyles.
But what if you’re looking for a bank acc.... More »
Mortgage penalty calculator + MORE Jan 22nd
If you have a closed mortgage and decide to break your mortgage contract before the agreed-upon term has expired, you’ll likely have to pay a prepayment penalty fee. A mortgage penalty calculator can help you figure out exactly how much those fees will be and will make it easier to know whethe.... More »
OSFI unlikely to tweak the mortgage stress test tomorrow + MORE Dec 16th
Canada's banking regulator is set to announce the results of its annual review of the mortgage stress test's minimum qualifying rate on Thursday..... More »
Renewing your mortgage but planning to sell soon? Read this first May 12th
Why flexibility and penalties can matter more than rates if you plan to sell within the next 12 months.... More »
Bank of Canada rate cut increasingly likely amid coronavirus fears, economists say – Global News
– news.google.ca
Bank of Canada rate cut increasingly likely amid coronavirus fears, economists say Global NewsCoronavirus rate cut could open Poloz’s finale at Bank of Canada BNNBloomberg.caBoC Increasingly Likely to Deliver a Surprise Rate Cut This Week – Mortgage Rates & Mortgage Broker News in Canada Canadian Mortgage TrendsPosthaste: Coronavirus will likely shave off 0.5% of Canadian GDP; 50bps BoC rate cut ‘not impossible’, analysts say Financial PostBank of Canada expected to cut interest rate over coronavirus Yahoo Canada FinanceView Full coverage on Google News
