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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

It’s easier than ever to get your credit score online but there’s a catch…

Buying your first home?  Checking out your credit score online?  MonsterMortgage’s, Vince Gaetano, recently worked… 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

Your bank is making billions, yet they won’t approve your mortgage…

Canadian big banks reported their quarterly earnings recently.Click below to see how much profit your… 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

The First Time Home Buyer Incentive is set to be available from September 2, 2019

The federal government’s plan to boost Canadian homeownership among middle class families now has an… 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

Renting vs Owning? What do you do?

In this week’s edition of MONSTER ADVICE, Kristian discusses the age old debate of Renting… READ MORE