Posts

Stacks of coins with a person using a calculator in the background with The Place To Mortgage logo in the top left corner and the Bank of Canada Update on the bottom centre

What You Need to Know About the Bank of Canada’s Move

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Bank of Canada Announces Interest Rate Drop

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A Game-Changing Shift in the Economic Landscape

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Maximizing Your Finances: Contribute To Your RSP For 2023 Tax Deduction And Secure Your Dream Home.

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Navigating Economic Stability Amidst Uncertainty

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Why Work With a Broker?

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Bank of Canada Announcement

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Inflation Rate Drop

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Variable Rate Mortgages and Rate Increases

Update to clients with variable rate mortgages

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

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What is the Trigger Rate

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

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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.

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