Bank of Canada has decreased their overnight rate by 0.50%, bringing it to 0.25%. Which for most lenders will likely decrease their Prime...

Bank of Canada has decreased their overnight rate by 0.50%, bringing it to 0.75%, effective Monday, March 16, 2020 . Which for most...

Bank of Canada has decreased their overnight rate by 0.50%, bringing it to 1.25%. Which for most lenders will likely decrease their Prime...

The purpose of using a benchmark rate when qualifying for a mortgage is to ensure that one can still manage their mortgage payments if...

Canadian Mortgage Default Insurance​ You're buying a house but you don't have a 20% down payment? RELAX - Neither does anybody else! ...

​First-Time Home Buyer Incentive (FTHBI) ​CMHC will provide an extra 5% of your down payment for the purchase of existing homes, or 10%...

The purpose of using a benchmark rate when qualifying for a mortgage is to ensure that one can still manage their mortgage payments if...

Thanks to tighter mortgage qualification rules and higher-priced real estate—particularly in the greater Vancouver and Toronto areas—it’s...