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Which Lender Is Right For You

Which Lender Is Right For You? Which Lender is right for you? The following is a summary of the choices available for clients when looking at the four different types of lending groups. Which one is best will all depend on who you are as a borrower, what your current situation is now, and what…
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Mortgage Rates – Get Ahead of the Rate Train

Get Ahead of the Rate Train What will rate increases mean for you? With approximately 47% of mortgages in Canada coming up for renewal in 2018 and in a rising rate climate, it would be wise to consider the impact on our personal mortgage. What will these increases mean for you? 70% of Canadians are…
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Rate Hike – Can you afford to buy a home?

Bank of Canada Raises Rates Cautiously Another Rate Hike As was widely expected, the Bank of Canada announced another quarter-point interest rate increase, saying that more rate hikes are ahead. According to Governor Stephen Poloz, the “big cloud” over the Canadian economy is the uncertainty associated with NAFTA and he cautioned that it would be…
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New Mortgage Rules – Apply Now

New Mortgage Rules 2018: A practical guide Come Jan. 1, 2018, Canadians getting, renewing or refinancing a mortgage might have to prove that they would be able to cope with interest rates substantially higher than their contract rate. New rules by Canada’s federal financial regulator announced in October, mean that even borrowers with a down…
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