May 18, 2018 | Home ownership, Mortgages
The right mortgage product means something different to everyone. It could mean negotiating the best payment, finding a unique mortgage product, or getting you the mortgage terms that best suit your plans. The real question is: what does the right mortgage mean to...
Jan 26, 2018 | Interest rates, Mortgages
A variable-rate mortgage is pretty much what it sounds like: a mortgage with a interest rate that varies. Whereas a fixed rate stays constant throughout the term of your mortgage, a variable rate (and your monthly payment) changes throughout the term. A variable rate...
Oct 27, 2017 | Interest rates, Mortgages
The next new mortgage regulation, which comes into effect 1 January 2018, will require borrowers to qualify based on a rate that is 2 percentage points above the contract rate or the Bank of Canada posted 5-year rate (currently 4.89%), whichever is higher. The “stress...
