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Category: Mortgage (20 posts)

  • September 16, 2022 @ 9:33 PM
  • Posted by Roar Admin

How Mortgage Rates Affect Buying Power?

How Mortgage Rates Affect Buying Power? Do You Know How Your Mortgage Rate Affects Buying Power? To maximize your purchasing power, you should understand how interest rates impact your home buying p

  • September 8, 2022 @ 2:22 PM
  • Posted by Roar Admin

A look at how rate increases impact different mortgage types

With inflation at its highest level in almost 40 years, the Bank of Canada continues to take drastic action to cool the economy with the latest of five consecutive rate increases announced on Septembe

  • September 7, 2022 @ 4:02 PM
  • Posted by Roar Admin

Bank Of Canada Rate Update September 7, 2022

Bank of Canada increases policy interest rate by 75 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 3.25%, with the Bank Rate

  • August 24, 2022 @ 8:34 PM
  • Posted by Roar Admin

Should You Pay Off Your Mortgage Early?

It's a dream to be able to pay off your mortgage early, but is there a downside? While it sounds like a great idea, there are some factors to consider before doing so. This article will explore some o

  • August 4, 2022 @ 1:44 PM
  • Posted by Roar Admin

Budgeting for Inflation

If you thought the end of the pandemic would bring a return to economic normalcy, 2022 has certainly been surprising. Summer has seen inflation return to the forefront of consumers' economic worries f

  • July 13, 2022 @ 6:05 PM
  • Posted by Roar Admin

Bank Of Canada Rate Update July 13, 2022

Bank of Canada increases policy interest rate by 100 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 2.5%, with the Bank Rate

  • July 7, 2022 @ 5:20 PM
  • Posted by Roar Admin

Mortgage Fundamentals for Home Purchases

Mortgage Fundamentals for Home Purchases With interest rates continuing to rise, and housing markets beginning to cool, if you're considering a home purchase anytime soon, it's a good idea to revisit

  • July 7, 2022 @ 1:42 PM
  • Posted by Roar Admin

Mortgage Fundamentals for Home Purchases

With interest rates continuing to rise, and housing markets beginning to cool, if you're considering a home purchase anytime soon, it's a good idea to revisit some mortgage fundamentals to ensure you'

  • June 3, 2022 @ 7:56 PM
  • Posted by Roar Admin

How Rising Rates Can Affect Your Mortgage

The one-two-punch of supply chain issues and the war in Ukraine has pushed inflation in Canada to its highest level in 30 years and spurred the Bank of Canada to move toward a tighter monetary polic

  • June 1, 2022 @ 3:54 PM
  • Posted by Roar Admin

Bank Of Canada Rate Update June 1, 2022

Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening The Bank of Canada today increased its target for the overnight rate to 1%, with the Bank Rate at

  • May 26, 2022 @ 6:24 PM
  • Posted by Roar Admin

How a Mortgage Pre-Approval Can Protect You from Rising Rates

With interest rates rising, it's important to lock in a lower rate as soon as possible. You can do this with the right home mortgage pre-approval. Find out how! Do you plan on searching for and buy

  • May 5, 2022 @ 9:06 PM
  • Posted by Roar Admin

The Tax Free First Home Savings Account (FHSA) explained

The Tax Free First Home Savings Account (FHSA) explained If you or someone you know is saving for a down payment on their first home, the Federal government announced a new program aimed at first-tim

  • May 4, 2022 @ 5:30 PM
  • Posted by Roar Admin

How is a Private Mortgage Different Than a Traditional Bank Mortgage

Understanding the difference between private mortgages and traditional bank mortgages can help you make the best decision for financing a new home. Each option provides the money to secure real estate

  • April 13, 2022 @ 4:49 PM
  • Posted by Roar Admin

Bank Of Canada Rate Update April 13, 2022

Bank of Canada increases policy interest rate by 50 basis points, begins quantitative tightening The Bank of Canada today increased its target for the overnight rate to 1%, with the Bank Rate at 1%

  • March 9, 2022 @ 4:17 PM
  • Posted by Roar Admin

Higher Interest Rates are Here. What Does That Mean for You?

The Bank of Canada has been signaling for a while now that they will respond to inflation by raising interest rates. Sure enough, on March 2nd they announced a hike in the overnight rate by 0.25%. H

  • March 2, 2022 @ 3:47 PM
  • Posted by Roar Admin

Bank Of Canada Rate Update March 2, 2022

Bank of Canada Increases Policy Interest Rate The Bank of Canada today increased its target for the overnight rate to %, with the Bank Rate at % and the deposit rate at %. The Bank is continuin

  • January 26, 2022 @ 4:37 PM
  • Posted by Roar Admin

Bank Of Canada Rate Update January 26, 2022

Bank of Canada maintains policy rate, removes exceptional forward guidance The Bank of Canada today held its target for the overnight rate at the effective lower bound of %, with the Bank Rate at

  • January 19, 2022 @ 9:32 PM
  • Posted by Roar Admin

Top 10 Questions to Ask Your Mortgage Broker in British Columbia

Top 10 Questions to Ask Your Mortgage Broker The mortgage world can sometimes be difficult to navigate when buying a home. However, an experienced Mortgage Broker can help walk you through the proces

  • January 5, 2022 @ 6:37 PM
  • Posted by Roar Admin

How Much of A Mortgage Can You Afford?

How Much of a Mortgage Can You Afford? Mortgage Application: How Much of A Mortgage Can You Afford? The mortgage application process involves a buyer's due diligence in calculating how much mortgage

  • December 23, 2021 @ 8:52 PM
  • Posted by Roar Admin

Sensible strategies to help you thrive in 2022

Canadians keep talking about the housing market! Are we in a housing bubble, will rates rise in 2022 and by how much, is this the right time to buy or refinance, is a lender's renewal offer the best