Friday Mortgage Round Up: August 31st, 2012
Mortgage News / Mortgages

Friday Mortgage Round Up: August 31st, 2012

Whatever happened to actually saving for a purchase? With Canadian debt levels at an 8-year high, it’s safe to say saving has become an antiquated concept. But when it comes to your mortgage, upping the down payment ante can make a HUGE difference for your return on investment. Want to learn more? We’ve crunched the numbers for you with our new Mortgage Calculator! Continue reading »

Friday Mortgage Round Up: July 20th, 2012
Mortgage News / Mortgages

Friday Mortgage Round Up: July 20th, 2012

This week we saw the Bank of Canada stick to their guns, announcing they would hold their rate of 1 per cent in their July announcement. In new mortgage rule news, lenders are responding to the guidelines in different ways, with some banks applying limitations to their conventional mortgage products as well – and credit unions may provide options for those looking to skirt the new HELOC and cash-back mortgage rules. Continue reading »

Friday Mortgage Round Up: June 8th, 2012
Mortgage News / Mortgages

Friday Mortgage Round Up: June 8th, 2012

The turbulent month of May has passed, and it’s onward to June! With 5 Year and 10 Year Fixed Rates hitting all time lows, many consumers are considering a longer than usual term – and they’re giving 10 Year rates a second glance. But what implications does this hold for those who may need to break their mortgage? We look at the pros and cons of making a long term mortgage commitment. Continue reading »