Posts Tagged ‘Interest rates’
Everyone seems to be taking a 5 year fixed rate, should you as well?
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, “what type of mortgage product should I take?†It is an important question and can be a bit complicated weighing the…
Read MoreLast minute Christmas shopping? Give a pre-approval!
Last minute Christmas shopping? Give a pre-approval! If you are STILL unsure of what to get your spouse for Christmas, and it’s been on your “To-Do List” for months to get pre-approved. I am doing rush mortgage pre-approvals up until this Friday the 23rd, so you can surprise them with the good news of buying…
Read MoreFeds postpone rate hike. Will rates take a hike soon?
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…
Read MoreWhat’s up with the prime rate? Staying the same or going down?
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…
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