by Geoff | Dec 17, 2021 | Bank of Canada, CMHC, DLC, Getting a Mortgage, mortgage trends, Refinancing
Personalities of Your Mortgage Personalities of Your Mortgage Asking the right questions and understanding the Personalities of Your Mortgage is an important part of the mortgage process as it will allow you to understand which mortgage product is right for you! An...
by Geoff | Sep 4, 2020 | Bank of Canada, First Time Home Buyers, Getting a Mortgage
Let’s talk about the state of the rate! In order to find out how the current Stress test rate impacts you, first you need to determine if you’re an insured or uninsured borrower. Option one: Do you have less than 20% down? Securing an...
by Geoff | Jul 10, 2020 | Bank of Canada, Business, Economy
This article was originally featured on Dominion Lending Centres Blog, written by Dr. Sherry Cooper. but we wanted to share this insightful information with you. It is our deepest desire to keep our clients well-versed in not only mortgage news, but also economic...
by Geoff | Jan 11, 2019 | Bank of Canada, Getting a Mortgage, mortgage trends
2018 Is in the Books, Here are the Q4 numbers! 2018 was a challenging year for the housing and mortgage market—new regulations, rate increases and more made it one of the toughest years for homeowners to qualify. Despite all this, there was still $45.3 billion...
by Geoff | Jun 26, 2017 | Bank of Canada, Economy, Finances, Rates
There has been buzz lately about the rising of interest rates and what that could mean for Canadians. The media can tend to pump up these mortgage rate increases as though it were the appending apocalypse, touting headlines saying Canadians are headed in to mass debt,...
by Geoff | Sep 8, 2016 | Bank of Canada
Bank of Canada Hold Overnight Rate at 0.5% The Bank of Canada’s decision to hold rates steady once again was very much as expected, even though first half growth was well below the forecast in the July Monetary Policy Report. US growth in the first half of this...
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