30 Year Amortizations for First-Time Home Buyers
This week, the federal government announced several positive changes to mortgage rules. The measures are intended to make mortgages more affordable for Canadians and put […]
Read moreCategory: Building a New Home
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 […]
Read more
Step-By-Step Builder Mortgage
Building a new home comes with a big to-do list. On top of this list is arranging proper financing. Here are the steps you need […]
Read more
Rate Announcement October 26, 2022
As expected, the Bank of Canada made another increase to the policy interest rate last week. Prime went up another 0.5%, bringing the prime lending […]
Read more
Rate Announcement September 7, 2022
The Bank of Canada delivered the fifth consecutive interest-rate hike to slow Canada’s economy and drag inflation down. The key rate increased by 0.75 percent, […]
Read more
3 Essential Pre-Approval Steps
I often get contacted at the eleventh hour because financing goes sideways on a new home purchase. The most common reason is that the mortgage […]
Read more