by Rakhi Madan | Oct 5, 2016 | Rates |
With the Minister of Finance Bill Morneau announcements on October 3rd, 2016 Canadians may have a harder time getting into the house of their dreams and may only qualify for a purchase price that is much lower. Before this announcement fixed rate mortgage...
by Rakhi Madan | Mar 14, 2016 | Rates |
Be aware that you can find a variable rate mortgage at least a quarter to a point lower than any fixed rate mortgage however tread carefully when making your decision. When choosing a variable rate mortgage it makes you subject to unexpected rate hikes and many people...
by Rakhi Madan | Nov 20, 2015 | Rates |
Not long ago, someone contacted us wishing to refinance their mortgage. They presently held a mortgage from one of the big banks. When this homeowner originally obtained her mortgage, the bank offered her a discounted rate of 2.99%. It matured in July of 2016,...
by Rakhi Madan | Oct 12, 2015 | Rates |
THIS JUST IN, MORTGAGE INTEREST RATES ARE…..and there it is again…headline news about another low rate from one of the main lenders. But what does it all mean and why does it continue to grab the headlines on the evening news? It probably comes as little surprise that...
by Rakhi Madan | Sep 30, 2015 | Rates |
Online access to information is fantastic! The ability to understand a glossary of terms and products out there is amazing when compared to even a decade ago. I love “Googling” and finding how to fix my car, or how to engage in my do-it-yourself home projects. I feel...
by Rakhi Madan | Jan 16, 2013 | Rates |
This short article delves into fixed vs variable rate mortgage, and takes you through advantages of fixed rate mortgage, disadvantages of fixed rate mortgage, advantages of variable rate mortgage, and disadvantages of variable rate mortgage. To start with, there is no...
