Posts Tagged ‘variable rate’
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 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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