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A great mortgage solution not only fulfills all your current financial requirements but makes sure that you are not burdened with any hefty payments. I offer some of the lowest rates in the market, making sure that your next mortgage payment is well within your means. The table below shows a comparison between today’s Market Rate and the rate offered by us.
Bank of Canada maintains commitment to current level of policy rate, continues program of quantitative easing
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank is also [...]
A Big Fall, But a Bounce off the Bottom
The Canadian economy took a record setting hit in the second quarter. Gross Domestic Product for April, May and June shrank by nearly 40%, on an annualized basis. The plunge was not a surprise for [...]
Just delayed, not dormant
Canada's real estate market made a remarkable recovery in July and there are expectations it will continue for another couple of months. Back in the spring real estate was heading into one of the tightest [...]
Feds seem split on mortgage policy
Buyers, brokers and lenders can be forgiven if they see the federal government’s attitude toward mortgages heading in two different directions at once. The federal housing agency is calling for one thing while the Bank [...]
Homeowners are shaking off COVID concerns
Mortgage Professionals Canada has launched a series of new surveys designed to gauge the sentiment of Canadians toward home ownership during the COVID-19 pandemic. The survey will be run four times over 24 weeks. It [...]
Market commentary: Improving, but fragile
Canadians appear to be feeling pretty good about their personal finances as we head into the sixth month of disruptions and restrictions caused by the coronavirus. A recent poll by the Angus Reid Institute suggests [...]