Latest in Mortgage News: Big Banks Lowering their 5-year Fixed Rates Sep 20th

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Mortgage Brokers Get TD’s HELOC, At Last Oct 8th

After well over a decade in the market, TD is finally bringing its popular marquee product to brokers: the TD Home Equity FlexLine HELOC. Mortgage brokers have been bugging TD business development managers for this product for years. Until now, the bank has reserved HELOCs for its proprietary sales .... More »

Buying vs. Renting: Homeowners Come Out Ahead, Study Says Oct 2nd

Despite higher home prices and larger mortgages, monthly housing costs are currently lower for homeowners—on average—compared to renters..... More »

Bond Yields Are Rising. Are Fixed Mortgage Rates Next? + MORE Sep 29th

Some of Canada's Big 6 banks made headlines last week by lowering fixed mortgage rates, but might they soon have to pull a U-turn?.... More »
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Canada’s best credit cards for people with bad credit 2021 + MORE Oct 14th

Conventional wisdom may lead you to believe that if you have bad credit, you should swear off credit cards. But if you want to improve your credit score, you’ll have to show you can handle credit responsibly—and the only way to do that is (you guessed it) to have a credit card. When used properl.... More »
CIBC became the second Big 6 bank to cut its 5-year fixed mortgage rate today.

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