Canada’s economy grew at the slowest annual pace since the recession began says today’s report on gross domestic product from Statistics Canada. The country’s economic recovery is slowing rapidly now… Read it »
There is a school of thought with some financial experts that the age old cash “emergency fund” of 3 to 6 months of income, is a Jurassic concept. The idea… Read it »
First Foundation’s Best Rates to Open the Week: Term Mortgage Rates 1 Year 2.45% 2 Year 3.20% 3 Year 3.34% 4 Year 3.54% 5 Year 3.49% 7 Year 4.75% 10… Read it »
“What exactly is a HELOC and why would someone want one instead of a mortgage?” Home Equity Lines of Credit (HELOCs) are essentially revolving lines of credit secured against one’s… Read it »
What to choose…a closed or an open mortgage? Let’s have a look at both and their highest and best uses to help you decide. A closed mortgage refers to a… Read it »
Term Mortgage Rates 1 Year 2.45% 2 Year 3.10% 3 Year 3.34% 4 Year 3.59% 5 Year 3.49% 7 Year 4.75% 10 Year 5.14% ARM / Variable 2.20% Line of… Read it »
