March may signal rising temperatures, but the same cannot be said for fixed and variable mortgage rates as Canadian economic factors show only sluggish improvement.
How much can a nightmare neighbour affect your mortgage? In this week’s Roundup, we look at how external factors affect your home’s value – and what you can do to take action.
The Bank of Canada’s 20bps qualifying interest rate increase took effect Sunday April 8th, 2012 at 11:59pm and currently sits at 5.44 per cent. This is one more tactic implemented to dampen the spending habits and enlarged credit balances Canadians are facing. What does this mean for you?