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Down Payment Rules Have Changed

| Mortgage News | No Comments

It is official.  The new Liberal Government has increased the minimum down payment for purchases in Canada. If you thinking of buying 5% down, we would highly recommend to have an…

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Variable Rate vs Fixed Rate That Will Put You Ahead

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The general consumer will be hard pressed when left to their own devices to shop on their own for their next mortgage, especially if they visit with one of the…

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Mortgage Rates Today Still Low…Are You Taking Advantage?

| Home Ownership, Mortgage Education, Mortgage News, Mortgage Refinance | No Comments

The Bank of Canada recently announced that they will continue to maintain their overnight rate (the interest rate that major financial institutions borrow and lend one-day, or “overnight”, funds to…

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