If there’s been a lesson I’ve learned in the last few months it’s to “Expect the unexpected!”. In tune with the recent sharp and drastic turns in our economy, our… Read it »
A fair amount of mortgage lenders are currently offering low one year term mortgage rates. Generally speaking, when many lenders are really promoting their one year rates, it means that… Read it »
Over the past month or so, we’ve seen both variable/adjustable mortgage rates and fixed mortgage rates increase, due to the higher cost of funding on the lenders’ side of things.… Read it »
Just wanted to share a quick bit of news. One of our lenders just dropped their three and four year interest rates to 5.24% and 5.34% respectively. Not a bad… Read it »
On November 4th, 2008, the Canadian Association of Accredited Mortgage Professionals (CAAMP) released their November issue of CAAMP Stats. The publication includes information such as the Bank of Canada Interest… Read it »
This morning, October 21st, was the Bank of Canada’s (BoC) regular interest rate announcement. The BoC has decided to drop rates again, this time by a quarter of a percent.… Read it »