Blogs about: Best Rates Canada
Fixed, Variable, 25 vs 35 Year Ammortizations
merc359 wrote 1 week ago: I saw a video today that was very interesting and features BNN interviewing Brad McLister, editor of … more →
Fixed or Variable Rate Mortgages - The Unending Debate
merc359 wrote 3 weeks ago: I get calls and questions on this topic almost every week. Given the changing market, it’s tim … more →
Appraisal versus Building Inspection - What are they?
merc359 wrote 1 month ago: During the process of getting a mortgage approval, you broker may require you to get an appraisal. M … more →
Bank of Canada Hold Prime Rate - Outlook for the Future?
merc359 wrote 1 month ago: The Bank of Canada announced yesterday that they were holding their overnight rate steady. This mean … more →
Audio Blog - Mortgage Penalties and How They Are Calculated
merc359 wrote 2 months ago: I have been doing some audio advertisements on the radio lately, and given the number of questions t … more →
But My Credit Score is Over 700!! I Thought That Was Good Credit!
merc359 wrote 2 months ago: This is a complaint that I hear from people from time to time. They pull their own credit score, see … more →
How Are Mortgage Brokers Compensated in Canada?
merc359 wrote 2 months ago: I read an article today that really made my blood boil. It was an article that talked about the diff … more →
Can You Extend Your Pre-Approval Rate?
merc359 wrote 4 months ago: Given that rates were at the lowest point EVER back in May/June (around 90 days ago in some cases) s … more →
Mortgage Insurer Changes Rules. The Winds of Change are Blowing Hard!
merc359 wrote 7 months ago: There are presently 3 mortgage insurers in Canada: CMHC (Canada Mortgage and Housing Corporation), G … more →
TD, RBC, Scotia Claiming Losses and Out of Cash?
merc359 wrote 12 months ago: You read that right… The biggest of the banks are all writing down investments and claiming hu … more →
Bank of Canada Lowers Rate. Will Banks Follow - Not So Far!
merc359 wrote 12 months ago: The bank of canada moved rates more than expected today by lowering its target overnight rate by 0.7 … more →
Canadian Mortgage Market - Government to Buy $50 Billion in Residential Mortgages
merc359 wrote 1 year ago: In an effort to loosen up the tough financial markets the Governement of Canada has announced they w … more →
Vancouver Real Estate Market - Buyers Market? You bet!
merc359 wrote 1 year ago: A realtor friend of mine gave me an article she read recently on the Vancouver Real Estate market by … more →
Sub Prime Meltdown - Clinton's Comments - Prime Rates
merc359 wrote 1 year ago: I was watching David Letterman on Youtube this week, and saw Bill Clinton do a lengthy interview in … more →
Buying Foreclosures, Pre-Foreclosures, and Court Ordered Sales
merc359 wrote 1 year ago: There is a lot of talk amongs real estate “investors” and specialists saying that the ke … more →
What is an Open Mortgage? - What is a Closed Mortgage?
merc359 wrote 1 year ago: This is a very common question, and one that I have addressed before, but have taken three calls fro … more →
Central Banks Lower Rates - Credit Crisis Continues
merc359 wrote 1 year ago: In a concerted, co-ordindated effort, central banks around the world lowered their key lending rates … more →
What Happenned to Variable Rate Mortgages in Canada???
merc359 wrote 1 year ago: With the recent announcement that prime rate in Canada was lowered, and the subsequent news that ban … more →
Bank of Canada Lowers Prime Rate - Banks do Not Follow
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merc359 wrote 1 year ago: The bank of Canada announced today that is would lower its key rate to banks from 3% to 2.50% which … more →
