How Can the Bank of Canada Prime Rate Affect Your Mortgage Decisions?
If you’re trying to decide between a fixed-rate and variable-rate mortgage, the current Bank of Canada prime rate is one of the most important things you need to think about. Right now, the prime rate is the lowest it’s been in over a...
Fixed Vs. Variable Rate Mortgages: An Easy and Concise Primer
When it comes to getting a mortgage for the first time, there’s a lot that might not be familiar to you. But one thing you may have heard prior to starting your research is the debate about fixed vs variable rate mortgages. While talking to a mortgage...
Mortgages Are “Lowest in History”—But Can They Go Lower?
Since the start of the COVID-19 pandemic in Canada, Canadian mortgage rates are at an all-time low. Many homebuyers are now faced with the age old question: to buy or not to buy? For many Canadians, especially first-time homebuyers, this may seem like the perfect time...
Stress Test Changes Make Mortgage Qualifications Easier
We’ve been hearing a lot of news lately that have made it a bit easier for Canadians to qualify for a mortgage, just in time for the spring market.
