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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, as promised, 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 July 17th, 2013, the Bank of Canada again did what we expected them to do … they continued to maintain their overnight rate. What this means to you is that once again the prime rate will not change and remains at 3.00%. This of course is fabulous news but…
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Posted by Jeremy
If you have been affected by the flood, you are probably quickly becoming frustrated with your insurance company…
Posted by Jeremy
Canadians are faced with yet another mortgage rate hike. RBC, Royal Bank of Canada, announced it would increase…
Posted by Jeremy
After Anna Jarvis successfully introduced Mother’s Day in the US in 1908, a woman named Sonora Dodd decided…
Posted by Jeremy
I came across a great article by Canadian Real Estate Wealth titled Investors could be hardest hit by…
Posted by Jeremy
As you know, all variable rate mortgages, lines of credit and/or student loans are all based on the…
Posted by Jeremy
Here we go… The bond market rally is squeezing spreads, placing upward pressure on the fixed interest rates.…
Posted by Jeremy
Why it pays to do your homework before you get a mortgage. Aside from being the biggest financial…
Posted by Jeremy
And so it begins… Effective September 4, 2012 National Bank is implementing the new Home Equity Line of…
Posted by Jeremy
Canada’s banking system has been the subject of international praise from economists grappling with global turmoil, but one…
Posted by Jeremy
Canada’s largest bank has laidoff 45 Canadian workers and will be replacing them with foreign workers. “Dozens of…
