Second Mortgages: Benefits and Considerations
If you need a large sum of cash, there are a number of financial products that you can use to get it. If you have poor credit however, your...
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Mortgage Renewals: Advice and Tips!
Most mortgages in Canada have terms of five years. But what happens when that five years is over? Usually, the homeowner will receive a notice from the lender which...
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Benefits of a Private Mortgage!
If you’ve been looking around for a mortgage, and haven’t been approved at traditional banks perhaps the term private mortgage has been thrown around a little bit. This might...
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How to Get the Best Mortgage Rates in Canada?
Whether you’re just buying your first home or you’ve been a home owner for 20 years, everyone wants to make sure they’re getting the absolute best interest rate on...
Continue ReadingOwnership of Residential Property by Non-individuals
New data released today from the Canadian Housing Statistics Program provide information on ownership of residential properties by non-individuals in Nova Scotia, Ontario and British Columbia. The Canada Mortgage...
Continue ReadingBank of Canada maintains overnight rate target at 1 ¾ per cent
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate...
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