Real Estate continues to grow

The Canadian real estate industry will get more good news today — not that it needs any more positive spin or Finance Minister Jim Flaherty even wants to hear it. The Canadian government has no plans for now to clamp down on the housing market even though prices are rising again, Finance Minister Jim Flaherty [...]

By |2013-10-30T17:04:19+00:00October 30th, 2013|Economy|0 Comments

10 Great reasons to use a Mortgage Broker

1. Get independent advice on your financial option As Independent Mortgage Brokers and Mortgage Associates, we're not tied to any one lender or range of products. Our goal is to help you successfully finance your home or property. We'll start by getting to know you and your homeownership goals. We'll make a recommendation, drawing from [...]

By |2017-01-04T01:02:26+00:00February 19th, 2013|Mortgage Tips|0 Comments

Canada has room for more interest rate cuts: IMF

OTTAWA — While Canada’s economy should pick up later this year, there are external and domestic threats that, if unchecked, could make a case for more interest rate cuts, according to the International Monetary Fund. The IMF said in its annual report Thursday that Canada’s economy will grow by 1.8% in 2013, hobbled by a [...]

By |2017-01-04T01:02:26+00:00February 16th, 2013|Economy|0 Comments

Why it’s a good time to buy a home

   There has never been a better time to buy a home. Here’s why: Mortgage rates at historic lows: They can’t get any lower. Four to five-year fixed mortgages at 3 per cent are unheard of. It is lower than the variable rate that most Canadians have been paying for years. Rates have nowhere to [...]

By |2017-01-04T01:02:29+00:00January 31st, 2012|Uncategorized|0 Comments

Variable Rate vs. Fixed Rate

With the most recent interest rate announcement last week, and the knowledge that interest rates are set to remain low for the foreseeable future, the debate for variable rate mortgage over fixed rate has gained new momentum. According to the Bank of Montreal, history would indicate that a variable rate is the way to go: [...]

By |2017-01-04T01:02:36+00:00September 14th, 2011|Variable Versus Fixed rate|0 Comments