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Mortgage News

Bank of Canada lowering rates to provide “stability”?

Hot Property Question of the Week – March 05, 2020   Question from a viewer:… READ MORE

Mortgage Stress Test Changes

The Federal Government has announced that we will see changes to the stress test starting… READ MORE

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