Interest Rates Archives - Mortgage Crusher

Here is a quick update on the market, in a quick point form fashion which I would be happy to elaborate more on if needed! 🙂 Here is some good news (mortgage related) to brighten your day: – RATES. It is a roller coaster to say the least. We have seen them slide lately in…

Everyone seems to be taking a 5 year fixed rate, should you as well? You are about to make an offer on a home and you now have to decide on the dreaded question, â€œwhat type of mortgage product should I take?â€ It is an important question and can be a bit complicated weighing the…

Why your Interest Rate should be #3 on your Priority List The advice I am about to give will seem very backwards coming from a mortgage broker. As much as it pains me to admit I am not the â€œbe all end allâ€ when it comes to the real estate purchase transaction, it is the…

CMP Young Guns award recipient! Thank you! I made the list!!! Thank you!!! These are always the most awkward posts of the year for me, but I have to say thank you because I do not receive any awards without YOU! I have made it back on the list for the national CMP Young Guns…

What does Mortgage Crusher mean? What are you â€œcrushingâ€? Great question! The original intention of â€œMortgage Crusherâ€ was for my team and I to promote paying down your mortgage to zero, and as fast as possible. In other words, crush your mortgage to zero. Obliterate it to nothing. Although the name has quickly evolved into…

Doom and gloom for Oct. 17th…Maybe not! You heard correct. A little bit of doom and gloom headed your way on Oct. 17th 2016 if you are a homebuyer… or potentially as a seller for that matter. But, hang in there, let me introduce the light at the end of the tunnel. Honestly! The Government…

Feds postpone rate hike. Will rates take a hike soon? This blog post is sourced by the expert and economist Dr. Sherry Cooper. Enjoy her brilliance below:Â No one expected the Federal Reserve to raise rates today even though they have been criticized by some for lacking credibility. When the target overnight fed funds rate…

The Bank of Canada meets throughout the year to determine what happens with our mortgage prime rate that affects our variable rate mortgages and our line of credits. The Bank of Canada has a team of economists and leaders that will look at the economy and make educated moves upwards or downwards based on their…

Hey! If you have a mortgage, you have a mortgage term. This is the date that your mortgage comes up for renewal and you have to renegotiate your terms, rates, bank, etc. Everyone for the past 5 years has been winning in this renewal scenario because rates are usually much less than what you signed…