My Mortgage Blog — Latest Posts
Breaking News
This morning, the Bank of Canada (BoC) raised its prime lending rate another .25% bringing the rate to 1%, where it will likely stay until 2018.With Canada’s economy showing strength in the last...
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Home Trust, Warren Buffet and rising interest rates
Home TrustThe Home Capital controversy has been in the headlines for a few months now. While it shook the market somewhat, and the rumour mill was rife with talk of market collapse, etc. none of that...
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Refinancing may still be an option
To no one’s surprise The Bank of Canada has left its key interest rate unchanged at 0.5%.After reading the latest Monetary Report, it doesn’t sound like it will raise its policy rate any time soon....
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What's going on with my appraisals?
Changes in mortgage rules for home buyers and insurers certainly have had an impact on the housing market, and those changes have impacted property appraisals as well.Conventional mortgages – up to...
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