Mortgage Radar: Fcac & Renting Vs Owning
In this post, we discuss the Financial Consumer Agency of Canada (FCAC) and the debate between renting vs owning a ...
Bank of Canada – Prime Remains at 3%
This morning the Bank of Canada announced that it is not making any changes to the prime rate. This comes after 3 previous increases during the summer. The bank expects the economic recovery to be more gradual than it had projected in July. To read the full Bank of Canada press release click here. ...
Monday Mortgage Rate Review Minute
Where do mortgage rates stand in Toronto? Here's what you need to know in today's Monday Mortgage rate ...
Monday Mortgage Rate Review on a Wednesday
What's new with mortgage rates in Toronto and beyond? In this rate review post, we chat about how rates are shaping ...
Monday Mortgage Review Sept 27th 2010
Officially these are the lowest fixed rate mortgages my father ever remembers being able to offer over the course of his 34 year long career. They may be lowest I’ll ever be able to offer as well. Here are the current Toronto Mortgage Interest Rates available this week: 2.70% – 1 Year Fixed 2.90% ...
The Banks and the Mortgage Game
This week I read an article in The Financial Post stating that 60% of mortgages in Canada are held by chartered banks. My father often talks to me about the ‘good ol’days’ when chartered banks weren’t in the residential mortgage business period. He often reflects back on the time when the majority of residential ...