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How Will Canadian Mortgage Rates Be Affected by the U.S. Federal Reserve’s Latest Rate Hike?

March 20th, 2017|0 Comments

Last week the U.S. Federal Reserve raised its policy rate by 0.25%, as expected. The market’s reaction to the Fed’s second rate hike since last December was tempered by its accompanying statement, which reassured anxious [...]

7 Tricks to Use When Refinancing a Mortgage

March 17th, 2017|0 Comments

Interest rates are starting to inch up, with many expecting the Fed to raise rates a little more later this month. A recent strong jobs report is only making that more likely. If you have [...]

Mortgage rates are headed higher

March 16th, 2017|0 Comments

The Canada Mortgage Housing Corporation is hiking the cost of mortgage insurance for homebuyers March 17 –  just one more piece of regulatory requirements requiring homeowners to hold more capital to offset risks in the [...]

Is Today The Right Day to Buy Yourself A Home or Not?

March 15th, 2017|0 Comments

Q. Is today the right day to buy yourself a home or not? A. Today is the right day assuming one has found a specific property that works for them on all levels. This question [...]