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by Jeremy
Hot Off The Press!! We just had a lender, TD Bank, make an interesting move this morning and hope it is isolated to them and them alone…but time will tell. TD is the first and only lender so far to increase their Mortgage Prime lending rate to 2.85%, effective immediately. On the other hand, they have lowered their discount to Prime minus .50%, or 2.35% today. As you can imagine, all those currently with TD for their variable rate mortgages have just had their rates increase 15 basis points. For those on variable, regardless of lender/institution, they may not see their payment increase, but what…
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There’s one major thing we can’t control in life—life itself. Things can happen, and if we’re not financially…
Posted by Jeremy
The mortgage industry has been abuzz this past month with major changes taking place and other notable news.…
Posted by Jeremy
One year before your mortgage approval comes through, you should be putting irons in the fire to get…
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This week is ‘National Family Week in Canada’, and unfortunately with the economy in Calgary over the last…
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Earlier today, results from a Consumer Debt Survey hit the media, outlining the fact that 58 per cent…
Posted by Jeremy
With the sharp decline in oil recently, province across Canada are having a varied response in terms of…
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Millions of Canadians have mortgages (approximately 5.7-million), so you could be one of the many who will be…
Posted by Jeremy
Since September signals back to school, it’s time to focus on education, at home and at school. This…
Posted by Jeremy
Earlier this week, Canada Mortgage and Housing Corporation (CMHC) released their quarterly financial report on earnings and trends.…
Posted by Jeremy
Today, Equifax announced that delinquency rates in Alberta have climbed, mainly due to the economic impact of the…
Posted by Jeremy
As affordability rises again for the 20th month in a row, the buyers’ market in Calgary continues—now is…
Posted by Jeremy
If you’re looking to save some money this summer, don’t worry. You can still enjoy a summer vacation…