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Tag Archives: mortgage rates
Are You Waiting For Mortgage Rates to Go Down?
Last Wednesday’s announcement of a 25 basis point rate hike was disappointing. We’re all looking forward to lower mortgage rates in the future. The question isn’t IF rates will decrease – it’s WHEN. Some savvy soothsayers (a person who predicts … Continue reading
First Time Home Buyer? You’re Not Alone!
That’s what the Canadian Association of Accredited Mortgage Professionals (CAAMP) semi-annual mortgage survey shows. This is THE survey that gauges the pulse of the housing market in Canada. This year’s highlights include new data points that shed light on previously unexplored topics, … Continue reading
Posted in First Time Home Buyer, General
Tagged first time home buyer, mortgage financing, mortgage rates
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New Ideas for a New Year: Become Your Own Mortgage Lender!
Did 2012 boost your confidence in investing? If you’re a savvy investor and have the time to monitor your (mortgage) investment on a daily basis, then the strategy of becoming your own mortgage lender could be a sensible option for … Continue reading
Posted in Mortgage Strategies
Tagged lenders, Mortgage Lender, mortgage rates, mortgage strategies, mortgage strategy, RRSP, savvy investor
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The Incredibly Shrinking Variable Discount
Fixed or variable? Fixed or variable? Everyone wants to feel as though they had made the best choice when deciding between a fixed or variable rate mortgage. In this economy however, there is no right or wrong answer. All the … Continue reading
Posted in Mortgage Rates
Tagged 5 year fixed mortgages, Bank of Canada, basis points, Canadian Mortgage Trends, choosing fixed or variable, discounted variables, fixed rate mortgages, interest rates, lenders, mortgage rates, posted rates, prime, prime minus, prime plus, prime rate, rate studies, save money on fixed rate mortgage, save money on variable rate mortgages, spread between fixed and variable rates, terms, variable rate mortgages
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Getting the Best Mortgage Rate
You know those people .. the ones that boast about how they got this great mortgage rate and you feel like a schmuck! Well, the Bank of Canada conducted an extensive study on mortgage discounting and Canadian Mortgage Trends summarized … Continue reading