Blog

Monday

2

FEBRUARY

2015

How the BoC overnight rate cut affects homeowners

The Bank of Canada recently announced a cut to the overnight rate from 1% down to .75%. This can be seen as a proactive approach to protect the Canadian economy from the potential risks due to lower oil prices.

Here’s what this cut to the overnight rate might mean to you...

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Wednesday

20

MARCH

2013

What you need to know when you hear major lenders promoting a “Rate Match”

Perhaps you have heard the scuttlebutt surrounding a major lender’s newly launched “Rate Match” campaign.  Launched earlier this month, this lender is promising to match the mortgage rates of 10 Canadian financial institutions.  Sounds great, right? 

Here is a question... Why are YOU, the client, responsible for doing all of the work in order to find a better rate?  Another question would be if you are going to do the work yourself, why would you stay with this lender if you could get a better rate elsewhere?

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Wednesday

8

FEBRUARY

2012

Is Your New Year's Resolution to Eliminate Debt?

Is now the time to refinance your high interest debt into a low interest mortgage?

If you are like many Canadians, debt freedom has become a high financial priority.  A recent survey found that 76% of those surveyed indicated this has become their major financial goal. 

Canadians enjoy more...

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