Mortgage Blog
You find the home - I find the loan
Category: Mortgage (6 posts)
Bank of Canada increases policy interest rate by 25 basis points, continues quantitative tightening
January 25, 2023 | Posted by: Merylee Sevilla
The Bank of Canada today increased its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is also continuing its policy of quantitative tightening ...
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Should You Spend the Full Mortgage Amount You're Approved For?
December 28, 2022 | Posted by: Merylee Sevilla
Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not ...
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The Pros and Cons of Fixed vs. Variable Mortgages
December 8, 2022 | Posted by: Merylee Sevilla
When it comes to choosing a mortgage, borrowers in Canada have two main options: a fixed rate mortgage or a variable mortgage. But which type is best for you? Here, we'll take a look at the pros and c ...
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Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening
December 7, 2022 | Posted by: Merylee Sevilla
The Bank of Canada today increased its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is also continuing its policy of quantitative tightening ...
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Bank of Canada Rate Update October 26, 2022
October 26, 2022 | Posted by: Merylee Sevilla
Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 3.75%, with the Bank Rate a ...
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Best Ways to Plan for Your Down Payment
October 19, 2022 | Posted by: Merylee Sevilla
Best Ways to Plan for Your Down Payment Do mortgages seem unaffordable? These tips will help you plan for your down payment so you can start talking to a private lender mortgage broker in no time. ...
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