Posts

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.

Critical Property Tax Information For Alberta Home Buyers

Bank of Canada Rate Increase

Another increase to the Bank of Canada overnight lending rate!