Posts

Fixed or Variable Rate

Tips to Improve Credit Score

Tips to Improve Your Credit Score

If you are applying for a mortgage, you’ll want to try to have the best credit score possible. We have some tips to help.

Reverse Mortgage Blog

Retire on your terms with a reverse mortgage

Retire on your terms with a reverse mortgage

Variable Rate Mortgages and Rate Increases

Update to clients with variable rate mortgages

All our variable rate holder clients will be impacted by the prime rate increases.

What is the Trigger Rate

Trigger rates, or what prime rate increase means for your variable rate mortgage

The trigger rate for a variable rate mortgage occurs when the prime rate goes up so much that your fixed payment does not cover the interest you owe each month.

Bank of Canada Rate Increase

Bank of Canada Curveball – Debora Seehuber-Mann

So the Bank of Canada threw us a curveball this morning and raised it’s overnight rate AGAIN which directly impacts the Canada Prime rate.