Tag: mortgage rates
Who are Canada's Top Mortgage Lenders?
By: Elias KellendonkAccording to recent CAAMP reports, though 55 per cent of mortgage shoppers will start with mortgage brokers, only 27 per cent will also close with them
Display Current Mortgage Rates On Your Website
By: Elias KellendonkIf you are a Canadian mortgage broker, financial planner, real estate agent, or simply want to post today’s mortgage rates on your website, read on. Canadian Mortgage Rates can be posted to your website in as many as 200 different custom-fit mortgage boxes. These rate boxes will be up-to-date and tailored to suit your business. …
Borrowing costs to remain low
By: The Super BrokerThe Bank of Canada has announced that it won’t raise its key interest rate in light of weakening economic conditions – a step that should keep Canadian mortgage rates low, and create low costs for borrowers looking to buy a home.
The Unusual Mortgage Market of the United States
By: Elias KellendonkThe U.S. has an atypically high proponent of mortgagors opting for longer term fixed rate mortgages,
Building permit values fall
By: The Super BrokerFewer people may be looking to take advantage of low Canadian mortgage rates to move into new homes in the near future, as the latest data from Statistics Canada showed a significant drop in the value of building permits during the month of October.
Fixed-Rate Mortgage Predicted to offer the Best Mortgage Rates over the Next Five Years
By: Elias Kellendonkselecting a fixed-rate five year mortgage term over a variable rate mortgage could grant Canadian mortgagors the best mortgage rates over the next five years
Questioning 35-Year Amortization
By: Elias KellendonkAccording to Canadian insurance providers, the average Canadian will pay their mortgage in less time than that provided by their amortization through the option of pre-payments.
Canadian Banks Raise Fixed-Rates
By: Elias KellendonkTD Canada Trust and RBC have decided to increase mortgage rates on their five-year fixed rates by as much as 25 basis points
Canadians Shed Contradictory Opinions in Recent Mortgage Study
By: Elias KellendonkCanadians believe that people are taking on too much debt, yet believe that they are handling their own finances responsibly.
BMO States Pricey Houses are not Sign of Bubble
By: Elias KellendonkHousing values in Canada are merely “overvalued”, not facing a housing bubble on the verge of bursting.