I’m sure you’ve seen the ads pop up when online, on TV or heard them on the radio? Mortgage brokers advertising a “super low rate” for a mortgage. They make it sound like they have special rates that no one else does. Is it true? Do these people actually have the best rates that no […]
The Bank of Canada announced a cut to the overnight interest rate from 5%, by 25 basis points or 0.25%, to 4.75% on June 5th, 2024. Starting in March of 2020, rates were steadily cut to a historic low of .25% which held until March of 2022 at which point rates started to increase steadily […]
Managing your down payment is not often something people think about when looking to buy a home. Of course, there are lots of things to consider when preparing to purchase a home, and the down payment is an important one. Often as mortgage professionals, we speak in general terms without getting into fine details. These […]