The Bank of Canada today reduced the Benchmark Qualifying Rate (aka Stress Test Rate) to 4.94%, down from 5.04%, effective May 25, 2020. For more information you can visit the… Read it »
Being laid off is always hard. Half a million Canadians filed for Employment Insurance in Canada last week due to the Covid-19 outbreak and Canadian Banks are predicting the largest… Read it »
Mortgage Deferral Resources for Canadians During the Covid-19 Outbreak: Please note that information about mortgage payment deferrals is changing rapidly and we will update this post as new information becomes… Read it »
Latest update, additional resources - March 26, 2020: Government of Canada - Canada's Response to COVID-19 Government of Alberta - support for employers and employees re: Covid-19 Government of Saskatchewan… Read it »
Get Fit, Save Money, Get Free Tech With Manulife Vitality! Hardcore athletes, fitness fanatics, and even weekend warriors are raving about the latest way to hack their performance, get healthier,… Read it »
Qualifying Rate Change First Foundation Mortgages has just received word that the Bank of Canada 5-year Benchmark Qualifying Rate will go down by 25 basis points effective July 22, 2019.… Read it »