WHAT IS THE DIFFERENCE BETWEEN THE MORTGAGE TERM AND AMORTIZATION?In Canada, a mortgage contract contains all the conditions that you follow while you have your mortgage....
OTTAWA — Bank of Canada governor Stephen Poloz says the economy needs a longer lift from stimulative interest rates to overcome domestic and global economic hurdles, though he predicts the...
OTTAWA — The Bank of Canada left its interest rate unchanged Wednesday in what could be just a brief pause along its gradual path to higher rates. The central bank...
Photo by Rowan Heuvel On Thursday, October 26, Canada’s central bank announced it is hiking its target overnight lending rate to 1.75% – a quarter of...
OTTAWA — The Bank of Canada kept its key interest rate target on hold Wednesday, but hinted that rate hikes could be coming as it noted the Canadian economy was...
OTTAWA — A surge in mortgage renewals, rising interest rates and new stress testing rules will are conspiring to make refinancing your mortgage more complicated and...
BEFORE YOU DO ANYTHING… Make sure you’re working with an experienced professional mortgage planner. The largest financial transaction of your life is far too important to...