Canadian Mortgage Rates Heading North Again.
Hold on Tight! Canadian Mortgage Rates are Giving us a Bumpy Ride. Mortgage rates have gone up yet again. This is starting to sound a little too familiar, isn’t it?
Read moreCan You Handle Variable Rate Risk?
5 Questions You Need to Ask Yourself Before Taking a Variable Rate Mortgage. In these uncertain financial times, it’s the mortgage question that won’t go away: go variable or lock in?
Read moreUnderstanding Mortgage Terms to Make an Informed Decision
Understanding Mortgage Terms Will Help You Make Better Financial Decisions When it Comes Refinancing. It’s starting to feel a little like doomsday around here. We knew that the Bank of Canada was going to raise mortgage rates.
Read moreLower Rate Hikes on the Way?
Mild Inflation Could Lead to Lower Rate Hikes by June. At its most recent regular monetary policy meeting, the Bank of Canada said that it would keep its historically low interest rate of 0.25 per cent.
Read moreBMO Adds a Customer Loyalty Rate to Mortgage Terms
BMO is Now Offering a New 5-Year Fixed Rate Mortgage That Comes with a Loyalty for the Life of the Loan.Bank of Montreal is offering a new five-year fixed-rate mortgage for 3.75%, which is being advertised as the lowest among all banks.
Read moreMortgage Rates in Canada Increasing Again
Are the Good Times Over for Mortgage Rates in Canada?
Here we go again and I can’t believe so soon: The Bank of Montreal is the latest in a string of banks to raise mortgage rates.
Homeowners Worry About Rising Interest Rates in Canada
A recent survey conducted by Royal Bank of Canada revealed that while more Canadians are anticipating entering the housing market before interest rates and home prices rise, current homeowners are concerned about the potential of those higher interest rates.
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