When you’re looking to buy or refinance your home, you need the research to make sure you are getting the best mortgage. This is true for all Canadians. Wouldn’t it be great if there was one place that compared the rates, features and benefits available in the market today? Rate Showroom to the rescue!!!
Finding out how much of a mortgage you can afford can help you to find the home that fits your budget.
Need some advice on choosing the best product? No problem. We’ll have a trusted mortgage broker call you back – usually within 1 business hour!
Updated: July 6th, 2016
|Fixed||5 Years||2.49%||Mortgage Bank|
|Fixed||2 Years||2.24%||Mortgage Bank|
|and much more...|
What a time to be alive indeed. And by time to be alive I mean time to be getting a mortgage. I know what you’re thinking. “Is it ever a good time for a mortgage? All they really do is cost me money.” Well yes they do, but our whole job is to make sure it costs you as little money as possible. And in the past while rates have … Read More
The relationship between a mortgage broker and a real estate agent can be a fruitful one for all parties involved. But like any relationship, it relies heavily on communication and the ability to help one another to in the end get the best results for you, the client! There are several benefits and services a mortgage agent may provide to a real estate agent to help better their relationship; which … Read More
More, scrutiny, more security, more rejections, more more more! Gone are the days of common sense lending and the gray area. Sure tighter restrictions will help to keep the banks safer but at what cost to the general public. By increasing scrutiny (which mind you is fairly tight as is) it will become more difficult for people who may be self employed, have gone through a rough patch, or have … Read More
Though momentary, the flipping regulation that had come to be in the circles of the Federal Housing Administration’s (FHA) rulebook will bear positively, for now, on those seeking to acquire financing for property that is, according to the rule, too tender to avail. The clause has gone under hiatus until the end of 2014 when it will, perforce, come back to life to hinder applicants after homes that have gone … Read More
Bank of Canada Governor Mark Carney said again that the bank may have to raise interest rates to keep inflation on target. This would mean in increase to variable rate mortgages. He said it was not necessary to be more explicit about timing of a possible move but said that Canada was “well into an expansion”. The timing and degree of any increase “will be weighed carefully against domestic and … Read More
If you’re one of the many homeowners who has a mortgage free or low mortgage home, then you can unlock a small fortune. Although many homeowners look forward to the day when they can burn their mortgage, the fact is we will all will release the equity in our homes as some point. Whether it’s an inheritance to your loved ones, supplementing your income, providing for some adventure or bailing … Read More