Posts
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 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.
News
Government’s Homebuyer Support Measures Miss the Mark on AffordabilityApril 12, 2024 - 10:21 am
A Game-Changing Shift in the Economic LandscapeFebruary 22, 2024 - 11:18 am
Maximizing Your Finances: Contribute To Your RSP For 2023 Tax Deduction And Secure Your Dream Home.January 3, 2024 - 4:58 pm
Navigating Economic Stability Amidst UncertaintyDecember 6, 2023 - 12:59 pm
Elevate Your Investment Game: Securing Prosperity with Private MortgagesNovember 16, 2023 - 1:08 pm