David Israelson – The Globe and Mail – March 18, 2016 Fixed or floating? For those taking on a mortgage or renewing one, it’s a question that can be complicated. On one hand, interest rates are at historic lows. The Bank of Canada’s benchmark overnight lending rate is at 0.5 per cent. To some borrowers, (…) Continue Reading →
Saskatoon Mortgage Broker shares article – Fixed or floating? The great mortgage debate of our time
Saskatoon Mortgage Broker shares article – Three ways to pay off your mortgage faster
By David Israelson, March 18, 2016 Via/ http://www.theglobeandmail.com/ Three ways to pay off your mortgage faster Biweekly payments For example, instead of making payments once a month, you can ask your mortgage holder to accept biweekly payments, dividing the monthly amount in half. Although it sounds like six of one and half a dozen of (…) Continue Reading →
Saskatoon Mortgage Broker shares article – Home loans are once again getting cheaper in Canada
Via/ http://globalnews.ca/ Mortgage rates are once again falling in Canada as lenders gear up for the spring selling season, a development that could well stoke already overheated housing markets in Vancouver and Toronto. Meridian, one of the country’s largest credit unions, introduced a fixed-one year rate of 1.69 per cent for Ontario customers Tuesday, down about (…) Continue Reading →