The Land of the Multiple Offer Subject-Free Offers when competing in a multiple offer situation. Whenever the market becomes competitive, it seems that the norm is to make subject-free offers, or write offers with shortened subject removal timelines. Now, really when...
The Next Bank of Canada Meeting is July 13, 2022 we will post the results here and provide some additional insight and interpretations based on the bank’s report Bank of Canada Announcement and Banks Announcing Mortgage Rate Drops is merely coincidence...
How is the Coronavirus related to my mortgage? Believe it or not, the coronavirus can have an impact on your mortgage and your interest rate in particular. Listen below to find out exactly how and why. 2017 Vancouver Real Estate Market Two main Reasons Rates Will Not...
Spring 2020 update on Variable Rate Trends During the start of the lockdown due to the COVID crisis, banks hiked their variable rates discounts to prime – 0%. At the time, we predicted that variable-rate discounts will improve significantly once again. Well, very...
The Rate Tango: Canada Mortgage Rates Variable vs Cibc Mortgage Rates Fixed Become an expert on Canadian Mortgage Rates with our Handy Guide. At the time of this writing the prime rate is 2.85%, and many first time home buyers are wondering whether they should take...
Mortgage Rates Report 2020 (Spring) There are 3 things that will dictate the direction of Mortgage Rates One of them has to happen in order for rates to fall further – And one of them is Bad! If you are pulling for mortgage rates to go down here are 3 things...