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Mortgage News

Bank of Canada leaves interest rate unchanged in today’s interest rate announcement

OTTAWA — The Bank of Canada is holding steady on interest rates as it gauges… READ MORE

The qualifying rate drops, what does it mean for you?

The Bank of Canada lowered the qualifying rate used in the mortgage “Stress Test” from… READ MORE

The mortgage qualifying rate dropped since 2016

The interest rate used in Canada’s mortgage stress tests has fallen for the first time… READ MORE

Are you undecided between a fixed or variable rate mortgage?

The age-old debate: Fixed or Variable? The question of ‘Fixed versus Variable’ rate mortgages is… READ MORE

When to capitalize on a RATE HOLD?

In this week’s edition of MONSTER ADVICE, Kristian and Cristina discuss the scenario in which… READ MORE

Bank of Canada: interest rate remains unchanged.

The Bank of Canada today maintained its target for the overnight rate at 1 ¾… READ MORE

RATES ARE DROPPING!

Fixed-mortgage rates have been decreasing in recent weeks and it looks like the rate drops… READ MORE

Bank of Canada keeps interest rate unchanged

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per… READ MORE

Mortgage “Stress Test” – What do you need to know? | Hot Property Online

For people who are not familiar with the mortgage “Stress Test”, this is a new… READ MORE

RBC, BMO lowered its interest rate from 3.89% to 3.74%

Royal Bank of Canada(RBC) was the first of the big Canadian banks to lower its… READ MORE