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September 2017

September 27, 2017

Watch out for the Collateral Charge Mortgage

It sounds like a good idea and sometimes it is. A “collateral charge mortgage” is offered by several Canadian banks. Here’s how it works: the bank […]
September 20, 2017

Build Your Dream Home with These Mortgages

Building your dream home can seem like, well, a dream. However, take it from us that it can in fact be a realistic life goal. These […]
September 7, 2017

Bank of Canada Increases Benchmark Rate

On September 7th, 2017, The Bank of Canada announced that it is increasing the overnight rate by .25 per cent given stronger-than-expected economic improvements. This increase […]
September 7, 2017

What is an Interest-Saving Mortgage?

One of the problems in the mortgage industry is the way they are advertised, which is usually by rate. If an online rate says 1.9 per […]