Have interest rates fallen? Or do you expect them to go up? Has your credit score improved enough so that you might be eligible for a lower-rate mortgage? Would you like to switch into a different type of mortgage? The answers to these questions will influence your decision to refinance your mortgage. But before deciding, [...]
Looking to buy your first home? It can be one of the most significant decisions of your life. Be sure you are properly educated and are making the right moves to ensure that your house or condo is both a comfortable place to live but also a great investment for your future. These tips can [...]
What is the right choice for you? It can be confusing especially in an environment where fixed rates are still at a record all time low and Prime Rates are on the rise. The media creates a frenzy with every movement in Prime, we know it’s going to increase, and we know the Government has to [...]
A report by the Canadian Association of Accredited Mortgage Professionals (CAAMP) shows Canadian mortgage holders acting responsibly and even paying down their debts faster than required. The news was released today as part of CAAMP’s sixth annual State of the Residential Mortgage Market. It suggests that despite carrying a total outstanding mortgage credit load of more than one trillion [...]
Looks like the end of the low home borrowing costs! By Sunny Freeman, The Canadian Press TORONTO – Rising mortgage rates announced Monday signal the end of historically low home borrowing costs and present Canadian consumers with a dilemma: either stay flexible, hope for the best and ride out the next several months or lock [...]
