Huge News! Huge, this is just huge… (it’s not) Last week the Bank of Canada lowered the ‘Benchmark’ rate from 5.34% to 5.19%, this is a number that: dictates maximum mortgage money access for those with less than 20% downto which the federal...
Fake(ish) News: ‘Mortgage Rates Went Up Last Week Real News: On April 27th TD increased their ‘posted rate’. What’s a posted rate? It’s the list price, the MSRP — you know that price that nobody actually pays…’rack...
[vc_row][vc_column width=”1/1″]Did Prime go up? No. Did my Variable rate mortgage rate change? No, not unless your variable rate mortgage is with TD. So the Bank of Canada did not raise rates? No, in fact they are more...
Annual State of the Residential Mortgage Market in Canada November 2013 Following are highlights from the 2013 CAAMP report. A copy of the full report is available to download at www.caamp.org For homes purchased in 2013, 82 per cent had fixed rate mortgages....
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