Bank of Canada maintains policy rate and forward guidance, ends quantitative easing. The Bank of Canada today held its target for the overnight rate at the effective lower bound
Continue reading →Xeva Mortgage
WHAT IS A SECOND MORTGAGE?
If you’re relatively new to the world of mortgage financing, the term “second mortgage” might cause a bit of confusion; especially if you’re a first-time homebuyer buying your first home. You might assume that when your first term is up
Continue reading →Bank of Canada Interest Rate Announcement
It’s hard to say what will happen for rates because we don’t have a crystal ball on that front. The Bank of Canada seems to be holding the prime rate steady without any reductions expected
Continue reading →4 WAYS ALTERNATIVE LENDING BEATS TRADITIONAL BANK FINANCING
Alternative lending refers to lending practices that fall outside the normal banking channels. These are lenders that think
Continue reading →WHAT YOU SHOULD KNOW ABOUT THE GOVERNMENT’S NEW FTHB INCENTIVE
Launched on September 2nd 2019, the first time home buyer’s incentive is designed to help qualified first time home buyers
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