Qualifying Rate
As we continue to see new rules introduced, let’s look at how the qualifying rate comes into play with your mortgage qualifying numbers.
What a difference a year makes
A brief look at the difference a year can make with regards to mortgage interest rates, economic instability and a pandemic.
Mortgage News
Let’s have a look at some good news during these challenging times. Mortgage news with a positive twist!
Mortgage Renewal Rates – Insured, Insurable, And Uninsured Mortgages
The mortgage renewal rate you qualify for varies depending on the mortgage you have. We’ll explain insured, insurable, and uninsured mortgages and the differences and rates available to you at mortgage renewal time.
Why Should I Care About The Bank Of Canada?
In this post we discuss why you should care about what is going on at the Bank of Canada, and how it might relate to your search to buy a home.
Define Prime Rate
What does “prime rate” even mean? In this post, we define “prime rate” in Canada and talk about what that means for home buyers.
What Kind Of Rate Should I Choose?
Let’s talk about the difference between a fixed and a variable rate, and what is the best choice for you.
Blended Rate
What is a blended rate? And how is it different than a fixed or variable rate? In this post, we talk about the differences.
Variable Rate
WHAT’S THAT? VARIABLE RATE? An adjustable rate may be right for you. Last time around we talked about fixed interest rates. In our simple example we borrowed $100 for a year, and paid 4.0% interest (or $4) to do so. The total amount owing after 12 months was $104. Variable rate mortgages on the other…
Fixed Rate
What does “fixed rate” mean? In this post, we talk about what this might mean to a home buyer