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by Jeremy
As you know, your variable rate mortgage, line of credit and/or student loans are all based on the Prime Rate and here is your personal update from me on the recent Bank of Canada announcement on changes to their Overnight Rate which in most cases impacts your Prime Rate. At 10:00 am EST, Wednesday June 4th, 2014 the Bank of Canada again did what we expected them to do … they continue to maintain their overnight rate. What this means to you is that once again the prime rate on your mortgage, line of credit or student loan will not change and remains at 3.00%.…
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Posted by Jeremy
Entrepreneurs need not fret, you can still get a mortgage if you’re self-employed! If you’re self-employed, you may…
Posted by Jeremy
If you’re self-employed, you may have a more difficult time obtaining financing for that home, but there’s still…
Posted by Jeremy
This week the Globe and Mail launched a special series on ‘Gen Y Money’, and the trends that…
Posted by Jeremy
A new report released by Alberta Treasury Board and Finance, shows that Alberta’s hsouing market is not only…
Posted by Jeremy
When it comes to approving you for a mortgage, your lender will look at many elements of you…
Posted by Jeremy
Your credit is a very powerful tool for your financial future, and it’s especially important when it comes…
Posted by Jeremy
Starting tomorrow, homebuyers without a 20% down payment, will be paying more to purchase a home. Canada’s largest…
Posted by Jeremy
I’ve had a ton of calls this week looking for clarification on CMHC’s announcement. Here it is. CMHC…
Posted by Jeremy
Interest rates are still historically low, and recent surveys show that more and more Albertans are looking at…
Posted by Jeremy
The latest security breaches to government websites due to the heartbleed bug, should be good reminder for you…
Posted by Jeremy
A recent survey released by BMO Bank of Montreal, showed that the youngest first-time homebuyers in Canada are…
Posted by Jeremy
According to a new study released by Scotiabank, 37% of mortgage holders in Canada are less than 10…
