by Glenn Maclaren | Aug 23, 2019 | Blog, Economy, Finance, Homeownership, Mortgage
Prior to securing your first mortgage, you considered a number of different factors such as the rate, term, amortization period and other important features. So, before your mortgage reaches its maturity date (in five years or however long it has been set), it’s...
by Glenn Maclaren | Aug 16, 2019 | Blog, Economy, Homeownership, Mortgage
Buying a home is likely the largest financial commitment you’ll make throughout your lifetime. That’s why it’s so important to do everything in your power to make an informed purchase every time you buy property. Ensuring the proper financing process is...
by Glenn Maclaren | Aug 9, 2019 | Blog, Finance, Homeownership, Mortgage
Not only is it important to choose the right mortgage product and rate that’s catered to your unique needs, but it’s also vital to repay your mortgage in a way that will save you the most money. The schedule you choose for your mortgage repayment can have a...
by Glenn Maclaren | Aug 2, 2019 | Blog, Finance, Homeownership, Mortgage
Breaking your mortgage before your term is up can have significant financial consequences. That’s why it’s important to weigh all of your options before taking action to ensure it’s in your best financial interest. What are payout penalties? Lenders make money...
by Glenn Maclaren | Jul 19, 2019 | Blog, Finance, Homeownership, Mortgage
Over the past several years, it has become increasingly difficult for many people, particularly first-timers, to enter the housing market. This is due to a variety of factors, but most notably tighter mortgage rules implemented by the federal government – including...
by Glenn Maclaren | Jul 10, 2019 | Announcements, Blog, Mortgage
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent. Evidence has been accumulating that ongoing trade tensions are having a material effect on the global...
