TD Canada Trust Hikes Prime Mortgage Rate – What’s Next?
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TD Canada Trust Hikes Prime Mortgage Rate – What’s Next?

TD Canada Trust is the first bank to raise its prime rate for variable rate mortgages since new federal mortgage rules were introduced last month. So is this the beginning of a trend? Continue reading »

A Look-Ahead to Canadian Housing Trends for 2017
Buying A Home / Economic News / Home Ownership / Lifestyle / Lifestyle News / Mortgage News / Mortgages / RSM News / Uncategorized / Your Budget

A Look-Ahead to Canadian Housing Trends for 2017

It’s less than three months until we begin a brand new year. So what will Canada’s housing markets look like in 2017? We go over the biggest factors at play as well as what we can expect in the home design department. Continue reading »

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 »

To Buy or to Rent: 10 Things to Consider
Banking 101 / Buying A Home / First Time Home Buyers / Home Ownership / Lifestyle / Lifestyle News / Mortgage News / Mortgages / Personal Finance / RSM News / Selling Your Home / Uncategorized / Your Budget

To Buy or to Rent: 10 Things to Consider

If you live in the country’s hottest housing markets and are on the fence about whether to buy a home or to rent, we’re here to help you make your decision! Read on to find out the benefits of each and what lifestyle factors you need to consider for each option. Continue reading »

How Interest Rate Changes Affect Your Variable Rate Mortgage
Buying A Home / First Time Home Buyers / Home Ownership / Mortgage News / Mortgages / Mortgages 101 / Personal Finance / Refinancing and Renewing / RSM News / Your Budget

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 »

Bank of Canada leaves July Rate Unchanged
Buying A Home / First Time Home Buyers / Home Ownership / Mortgage News / Mortgage Rate Outlook Panel / Mortgages / Mortgages 101 / Personal Finance / Personal Finance News / RSM News

Bank of Canada leaves July Rate Unchanged

As expected, the Bank of Canada has decided to keep the overnight lending rate at 0.5 per cent. Read on for more on how this will affect your mortgage and the factors behind keeping the status-quo. Continue reading »