-
ICICI Bank Joins The Mortgage Broker Channel
Although I had heard of ICICI Bank previously, we as mortgage brokers did not have access to them for our clients, and […]
-
Slow US Economy Could Affect Canada Variable Rates
Further to my comments yesterday about continuing to recommend variable rate mortgages to clients, there is a new story about the Chairman […]
-
Bank of Canada increases Prime Lending Rate, Affecting Variable Rate Mortgages
As widely anticipated, the Bank of Canada today increased its prime rate to 2.75%, affecting variable mortgages. The Bank of Canada is […]
-
Keep The Condo…Pay Down The Mortgage…Lower Your Taxes
On the Globe and Mail website today is a segment in which a reader poses a question about her financial situation and […]
-
Vancouver Home Sales Down 30%, Still The Second Best June Ever
In this article on the Globe and Mail today, they talk compare sales from this past June with the June of 2009, […]
-
Bank of Canada Decreases Mortgage Qualifying Rate
The bank of Canada has decreased the their 5 year qualifying rate to 5.79%. This is the rate that “A” mortgage lenders […]