Ten Things to Know About Prime & Your Mortgage

Fixed-rate mortgage holders are not affected by Bank of Canada rate changes during their current term. Only those in either adjustable-rate or variable-rate mortgages need read on. On July 12 lenders increased variable-rate borrowing costs by 0.25% to match the Bank of Canada increase of the same amount on the same day. There are three [...]

August 10th, 2017|

Bank of Canada Turns the Tide – Dr. Sherry Cooper

Bank of Canada Turns the Tide For the first time in seven years, the Bank of Canada announced today that it was hiking its key overnight rate by a quarter percentage point (25 basis points) bringing it to 0.75 percent as the economy has staged a broadly based economic expansion this year. In a break [...]

July 12th, 2017|

Real life scenario: Debt Consolidation & Payment assistance

  Client was been injured on the job 13 months ago that was significant enough to keep him from working. Due to the severity of the injury he foresees another 6-12 months before returning to work. Debt was piling up, credit cards and lines of credit are all maxed and his credit score had decreased [...]

April 18th, 2017|

Did you know?

Did you know that we offer 2nd & 3rd mortgages?  These mortgages can sit behind your current mortgage(s) (avoiding a prepayment penalty), and its a quick and easy way to access the equity in your home.  These loans can be utilized for many reasons, here are a few examples: Debt Consolidation Home Renovation Investments Business [...]

April 17th, 2017|

5 Smart Technologies That Your Future Self Can’t Live Without

March 24th, 2017|
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