by Jenn Slater | Oct 28, 2020 | Announcement, Blog, Mortgage
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank is maintaining its extraordinary forward guidance, reinforced and supplemented...
by Jenn Slater | Oct 20, 2020 | Blog, Mortgage
If you’re looking to buy a new property, refinance, or renew an existing mortgage, chances are, you’re considering either a fixed or variable rate mortgage. Figuring out which one is the best is entirely up to you! So here’s some information to help...
by Jenn Slater | Oct 6, 2020 | Blog, First Time Home Buyers, Mortgage
If you’re relatively new to the world of mortgage financing, the term “second mortgage” might cause a bit of confusion; especially if you’re a first-time homebuyer buying your first home. You might assume that when your first term is up or if...