Is it better to get a fixed or variable interest rate on your mortgage right now? With a quickly changing housing market and rapidly increasing interest rates, as a Hamilton Mortgage Broker we receive calls from our clients that are more torn than ever about whether to go with a Variable Rate or Fixed Rate […]
What a change a few months can make! With two years of record-low rates and a blistering hot real estate market, many thought the low rates and rising prices, would go on forever. The low rates were welcomed by all, with 5yr fixed rates under 2%. The rising prices were welcomed by current homeowners and […]
An increase in mortgage rates is something no new buyer or existing homeowner wants to see. But why do we always see a fluctuation in rates? To help give you a better understanding, our team at the Canadian Mortgage Authority has explained how a rise in mortgage rates can affect you. Why Rates Are […]