No Change in Overnight Lending Rate: Bank of Canada Announcement
Buying A Home / Economic News / First Time Home Buyers / Home Ownership / Lifestyle / Mortgage News / Mortgage Rate Outlook Panel / Mortgages / Mortgages 101 / Personal Finance / Refinancing and Renewing / RSM News / Selling Your Home / Uncategorized / Your Budget

No Change in Overnight Lending Rate: Bank of Canada Announcement

No surprise this time around: The Bank of Canada is leaving the overnight lending rate at 0.5 per cent – where it has been since July of 2015. Read on to find out how this will impact fixed and variable rate mortgages. Continue reading »

Toronto’s Housing Market: Fact vs. Speculation
Buying A Home / First Time Home Buyers / Home Ownership / Lifestyle / Lifestyle News / Mortgages / Mortgages 101 / Personal Finance / Personal Finance News / RSM News / Uncategorized / Your Budget

Toronto’s Housing Market: Fact vs. Speculation

Everyday there’s another news headline about just how hot Toronto’s housing market is, but should you really believe everything you hear? Here’s why you should read between the lines. Continue reading »

How Interest Rate Changes Affect Your Variable Rate Mortgage
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How Interest Rate Changes Affect Your Variable Rate Mortgage

Fixed rate mortgages are pretty straightforward, but a variable rate mortgage depends on the Bank of Canada’s overnight lending rate. So what happens if that rate should change? Read on to find out! Continue reading »

The Battle for High Priced Homes Continues in Toronto and Vancouver
Buying A Home / First Time Home Buyers / Home Ownership / Lifestyle / Lifestyle News / Mortgage News / Mortgages / Mortgages 101 / Personal Finance / RSM News / Savings News / Selling Your Home / Your Budget

The Battle for High Priced Homes Continues in Toronto and Vancouver

The challenges continue for prospective homebuyers in Toronto and Vancouver, with skyrocketing prices, a dwindling supply in detached homes and no overnight rate hike in sight. Read on for the latest messages and advice from experts to find out what’s best for you. Continue reading »