by Josh | Jan 9, 2019 | Mortgage Rates, Mortgage Tips & Advice, News
Matching expectation the Bank of Canada this week announced that it was keeping interest rates steady which keeps prime at 3.95% for the foreseeable future. Global trade uncertainly along with adjusted growth numbers for the last two years have put interest rate increases on hold.
by Josh | Dec 12, 2018 | Mortgage Rates, Mortgage Tips & Advice
More and more Canadians have been choosing variable rate mortgages in the last few months. It is more cost effective, and given current interest rate projections, is the better choice. With a rather large spread between fixed and variable rates and less and less pressure for rates to increase further we believe most borrowers are better served with a variable interest rate mortgage.
by Josh | Sep 6, 2018 | Economic, Mortgage Rates, News
The Bank of Canada’s rate, known as the target or overnight rate, affects the interest rate borrowers and savers are offered from retail banks on savings accounts, mortgages, and other financial services. The Bank raises its rate when it wants to cool down a hot... 
by Josh | Jun 28, 2018 | Economic, Mortgage Rates
Despite the previous common consensus, it appears The Bank of Canada is NOT as likely to increase their prime rate of interest in July as previously expected. It appears that those responsible for “looking into the future” may have been a little overconfident. Moving... by Josh | Jun 15, 2018 | Credit Analysis, Economic, Featured, Mortgage Blog, Mortgage Products, Mortgage Rates, Mortgage Tips & Advice, News, Uncategorized, Videos
If your home isn’t getting enough attention from buyers, there could be multiple reasons why it’s not selling. Today I’ll be speaking about nine different reasons why this might be happening to you. Your photos are terrible.Buyers go online to look... by Josh | Jun 8, 2018 | Credit Analysis, Economic, Featured, Mortgage Blog, Mortgage Products, Mortgage Rates, Mortgage Tips & Advice, News, Uncategorized, Videos
Securing a mortgage is perhaps the most difficult part of the process of buying a home. That process is made easier if you have an expert by your side. However, given how rarely we buy homes or refinance our loans, far fewer people know what to look for in a mortgage...