We’ve often been asked over the years why we don’t offer borrowers with beat up credit, unverifiable income, loads of debt, or other financial difficulties a mortgage. After all, mortgage… Read it »
Lots of exciting (ok – boring unless you like this stuff, like we do) news about the Bank of Canada rate (non) announcement today, along with reaction, speculation, and forecasting.… Read it »
Mortgagebrokernews.ca has a good article about why low variable rates should carry a warning. I would tend to agree with this, which is why the majority of our current customers… Read it »
in light of the strong Canadian Dollar and less inflationary pressure (at the moment), the Bank of Canada re-affirmed it’s decision to keep the benchmark overnight interest rate at .25%… Read it »
Remember back in April when the Bank of Canada dropped it’s overnight rate to .25% and guaranteed they wouldn’t raise rates until June of 2010? Remember? They said “Scout’s Honour!”… Read it »
If you’re an economic news junkie like me, you’ve likely already noted that bond yields have increased massively in the past two days. Our previous post on fixed rate spreads… Read it »
