16 Aug 2018

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Fixed or variable rate mortgages?

So, you’ve decided to buy a home, now what? Buying a house is usually the most expensive purchase in a person’s life, so it should be preceded with caution. Once you decide on the house and location, you must decide on a down payment amount and a mortgage rate that you can afford. A general rule of thumb is to put down 20 per cent of the house price so that you can reduce the amount of money you pay in interest; however, first time home buyers can put down as little as 5 per cent for a down payment if they so desire. When…

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17 Jun 2018

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The argument for variable rate mortgages

When searching for a home, choosing the right mortgage is a big part of the equation. Your mortgage…

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8 Nov 2016

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Why TD May Be The Only Bank To Increase...

Why TD may be the only one of the Big Six to increase their Mortgage Prime Rate By…

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2 Nov 2016

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TD Hikes Mortgage Prime Rate

Hot Off The Press!! We just had a lender, TD Bank, make an interesting move this morning and…

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1 Nov 2016

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TD Increases Their Mortgage Prime...

Hot Off The Press!! We just had a lender, TD Bank, make an interesting move this morning and…

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3 Jun 2016

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Bank of Canada Remains Sidelined

As you know, your variable rate mortgage, line of credit and/or student loans are all based on the Prime Rate and here is…

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3 Jun 2016

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Canadian Mortgage Rates to Increase...

What’s interesting is that we are expecting interest rates to increase slightly after July 1, as all lenders…

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