Bank Of Canada Maintains Overnight Rate, Prime will remain at 2.70%
Great news for variable rate mortgage holders. Press release. The next scheduled date for announcing the overnight rate is April 16, 2016.
My offer is stronger WITHOUT a Financing Condition
Purchasing a home can be a very intimidating and overwhelming task. You want to purchase the property for the least amount of money possible while the seller wants to sell the property for the most money possible. Combine this with…
Is your pre-approval worth anything?
Imagine visiting your financial institution and obtaining a pre-approval for a mortgage. Your next step would be to go out and find the home of your dreams. Once you find the home, negotiations take place and you enter into an…
Bank of Canada Maintains Overnight Rate, Prime will remain at 2.70%
Press release. The next scheduled date for announcing the overnight rate is March 9, 2016.
Support us in Hockey Helps The Homeless!
We feel that no person should be without shelter so once again we will be competing in the annual London Hockey Helps The Homeless Tournament on May 7, 2016. All money raised through this event will be donated to 3…
A clear explanation of the minimum down payment increase
https://www.youtube.com/watch?v=QrgW9hwUjo8
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The Big Short Movie- The story of the US housing collapse
A star studded cast of Christian Bale, Steve Carell, Ryan Gosling and Brad Pitt get together in this feature film to explain the collapse of the US housing industry. A true story.
Finance Minister Announces Down Payment Rule Changes
Down payment rule changes to come, February 2016. Full story, click here.
Bank of Canada Maintains Overnight Rate, Prime will remain at 2.70%
Press release. Great news for all variable rate mortgage holders. Prime will remain unchanged. Next announcement is scheduled for January 20, 2016.
Great mortgage information!
Whether you are buying your first home or you are planning to renew your mortgage for the 5th time, here’s a booklet produced by the Financial Consumer Agency Of Canada that is worth the read.