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[ad_1] A total of three rate cuts passed down from the Bank of Canada since June have cumulatively lowered the cost of borrowing for Canadians by...
[ad_1] For those in that position, as well as those whose mortgages expire in the next 12 months, it’s best to go into the renewal process...
[ad_1] Speaking at Global Risk Institute summit on Wednesday, Routledge said he was worried that the requirement by lenders to run the “OSFI stress test” is...
[ad_1] But picking a fixed mortgage rate can be problematic if you decide to sell your house and are forced to break your mortgage contract in...
[ad_1] Before locking into a familial loan, both parties must assess whether they are on the same page and are in a position to take on...
[ad_1] What to see the difference in a 25-year versus 30 year mortgage? Tap the filter icon on the far right to expand the data fields....
[ad_1] But if you have some flexibility around where to live, there are cities and neighbourhoods in Canada where homes can be had for less than...
[ad_1] Although the transition will be largely managed internally by RBC, current HSBC customers might have questions about what’s coming up in the next two months....
[ad_1] It’s been a tough time for home owners (and first-time home buyers), but the Bank of Canada (BoC) has held interest rates steady since July...
[ad_1] How do interest rates relate to affordability? In an effort to subdue runaway inflation, the Bank of Canada (BoC) has raised the benchmark interest rate...
[ad_1] I don’t expect real estate prices to rise at the same 6.75% rate we have seen over the past 10 years, so instead, let’s say...
[ad_1] As an example, someone who considered themselves fortunate to secure a 5-year variable rate mortgage at 0.9% in early 2022 may have seen their interest...
[ad_1] Mortgage payment calculator Understanding the long-term financial implications of a home mortgage, particularly the cumulative impact of interest, can be complicated. A mortgage payment calculator...