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by Jeremy
As you know, all variable rate mortgages, lines of credit and/or student loans are all based on the Prime Rate and, as promised, here is an 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 May 29th, 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 on your mortgage, line of credit or student loan will not change and remains at 3.00%.…
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Posted by Jeremy
Your home is one of the biggest financial investments you’ll make, but sometimes financial difficulty can come your…
Posted by Jeremy
I came across an interesting article in the Calgary Herald today, “Home builders fret as Calgary considers constraints…
Posted by Jeremy
Why it pays to do your homework before you get a mortgage. Aside from being the biggest financial…
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
My friend Nathan is a tax accountant and he is great at looking at things objectively. Last week…
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Canada’s largest bank has laidoff 45 Canadian workers and will be replacing them with foreign workers. “Dozens of…
Posted by Jeremy
The Competition Bureau recently reported that Internet and social media scams are ‘rampant’ in Canada, and since it’s…
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Many factors in the housing market are contributing to another slight drop in average house prices in Calgary,…
Posted by Jeremy
Late last week, the Alberta government announced their budget for 2016, and while there are varying opinions and…
Posted by Jeremy
When it comes time to apply for mortgages, your credit report is very important, but how often are…
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
There’s uncertainty in the economy right now, yes. But, there really isn’t uncertainty if you’re a homebuyer right…
