Earlier this year, Fixed rates hit new all-time lows. This must sounds like a broken record, or for those in the modern error, sounds like a glitch or a skip (somehow, … Continue Reading Have Fixed mortgage rates hit the bottom?
History tells us that mortgage rates usually drop leading up to an election. And 2015 has followed that trend. It started in January of this year, when the Bank … Continue Reading Rates usually drop leading up to a Federal election!
In her first public speech as Senior Deputy Governor for the Bank of Canada, Carolyn Wilkins brought some good news to Canadians with mortgages. Interest rates should remain low … Continue Reading Senior Deputy Governor says lower rates are the new normal.
FIXED OR VARIABLE? The debate over fixed vs variable never seems to end. For the past 5 years, the Federal govt and the BIG SIX BANKS have been doing … Continue Reading Variable or Fixed? an update on how to choose.
Only recently has 5 year fixed rate become a product worth considering when it comes to paying the least amount of interest on your mortgage. Studies prove that short … Continue Reading Choose short term money for long term gains.