December 1, 2023
The increase in the Banak of Canada Prime rate over the past 20 months, aimed at tackling rising inflation, has left numerous Canadians cash-strapped until the anticipated lowering of the Prime rate in 2024. So what can be done?
April 28, 2022
When it comes to interest rates, an expression One Cannot See Dollars from the Pennies is frequently true… We pay attention to getting the […]
December 29, 2021
Probably not, but it also depends on what keeps you up at night… It’s pretty safe to assume variable rates are going up!! Probably as […]
February 17, 2021
It’s time to revisit your mortgage strategy. Mortgage rates are down, both on the fixed and variable sides. It’s all over social media and the news. […]
November 15, 2018
Those of you who know me well, know that I shy away from making predictions on interest rates. There are simply too many factors at […]
April 3, 2018
When comparing various financing options, the biggest mistake you can make is to concentrate on the actual nominal rates alone. Instead, you should pay attention […]
March 11, 2018
The new mortgage rules have essentially lowered the qualifying power of mortgage applicants by approximately 20%. Whether you’re buying and need a mortgage, or are simply […]
November 9, 2017
That depends. Over the past 7 years, there were many indications that variable rates will go up and many pressures on those with variable rates […]
September 22, 2017
If you are considering a refinance for any reason – to consolidate your debt, pay for your kids’ education, renovate your home or buy an investment […]
March 12, 2017
On October 3rd the federal government announced a series of regulations that govern the access and limitations of mortgages requiring insurance. The rules were put in […]
December 4, 2015
Over the course of the last decade or so, the percentage of private mortgages within my portfolio grew from some 5% to an astonishing 30%… There […]
November 11, 2015
Getting the best mortgage is not only about securing the lowest “nominal” interest rate that many of us tend to get obsessed with. As a matter […]