January 24, 2024 Bank of Canada Rate Announcement
The Bank of Canada announced today that its key overnight interest rate will remain at 5%. This means the prime lending rate will remain at […]
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The Rise of Short-Term Fixed-Rate Mortgages in Canada
While 5-year terms remain the preferred choice for many Canadians, there’s a noticeable uptick in interest towards short-term fixed-rate mortgages. Let’s dive into how your […]
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2023’s Top Mortgage Headlines
As we enter 2024, let’s dive into the top mortgage headlines influencing homeowners and prospective buyers in Canada. Interest Rate Rollercoaster: One of the top […]
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Start the New Year Right with a Financial Review
As we bid farewell to the past year and embrace the opportunities of the upcoming one, I want to share a suggestion that could significantly […]
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Write a Review for Your Chance to Win $200 CASH!
The Mortgage Centre We Connect is excited to be giving away a chance to win $200 Cash to a lucky winner! How to Enter $200 […]
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Smart Holiday Spending
The holidays are upon us, and according to a report from the Retail Council of Canada, the average Canadian will spend about $900 per person for […]
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Rate Announcement December 6, 2023
The Bank of Canada announced it will keep its key interest rate at 5%, with the Bank Rate at 5¼%. This decision will keep the […]
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Mortgage Renewal Rule Updates
As Canadian homeowners gear up to renew their mortgages in the coming year, recent renewal updates outlined in the Liberals’ fall economic statement could offer […]
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What is Mortgage Default Insurance?
Why do most lenders require mortgage default insurance for home buyers purchasing homes with less than a twenty percent down payment? Canadian banks and most […]
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Rate Announcement October 25, 2023
We can all relax once more with today’s rate announcement. The Bank of Canada announced it’s leaving the overnight target rate unchanged at 5% for […]
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