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2019-09-05 | 11:38:05

Bank of Canada

Bank of Canada decision makes have left interest rates unchanged for the 7th consecutive meeting.  Bank of Canada cites stronger thanexpected growth, as well as, inflation on target, means current levels of stimulus are where they should be....

2019-08-07 | 08:59:53

Consider long term rates

Is it time for first time buyers to consider long term rate security?  Why not take a  7 or 10 yr term!  While rates have been holding steady for the past 6 or 8 weeks, bond market activity has some lenders indicate a rate increase...

2018-05-23 | 12:41:42

Pre-approvals

Some realtors and home buyers just don't get it!  With all the new rules and various mortgage types, everyone should get a pre-approval before even looking at homes.  Existing home owners think that because they already own a home, they...

2018-05-04 | 11:21:44

New Rules & Pre-Approvals

We have had a few months now to digest the new mortgage rules and see the impact these rules have had in the market place.  It is very evident that the intention to slow down the real estate market has worked as sales in most of the larger...

2018-04-12 | 09:25:41

Renewals

One of the major banks is advising that as many as 47% of mortgages will mature during 2018.  The normal number of maturities is 25 to 30%.  Many home owners will find themselves having  to renew with their current lender regardless of...

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