Tags » Variable Rate Mortgages

New financing rules could drive more consumers into more volatile mortgages

Proposed changes to mortgage rules may force some consumers to consider more volatile variable rate mortgages in order to qualify under a strict stress test proposed by Canada’s banking regulator. 619 more words

What the latest rate hike means for you

Those with mortgages will feel the hike the most

The Bank of Canada is hiking its benchmark interest rate by a quarter point to one per cent. 494 more words

Canadian housing bear warns proposed mortgage rule changes may close the Bank of Mom and Dad

A former MP and popular finance blogger is warning a federal watchdog’s proposed changes to the mortgage qualification process could have a dire impact on housing markets across Canada. 390 more words

De-mystifying mortgage penalties

Research has shown that over 83 per cent of people break their mortgages early, resulting in their incurring hefty mortgage penalties that sometimes far exceed the annual interest on a mortgage. 1,320 more words

Variable-rate mortgages becoming more important to the market - study

Variable-rate mortgages becoming more important to the market – study

The gap between the number of borrowers going for fixed and variable rates has become larger recently, pointing to the increasingly important role that variable-rate mortgages are playing in the Canadian housing market. 207 more words

Variable Rate Mortgages - Brokersforlife.ca

Attractive Variable Rate Mortgages in Canada – Variable rate mortgages can save you money. To know more on how to save money with variable rate mortgages call 1.866.902.7771 today. 8 more words

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