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Current Interest Rates

Mortgage Tips And Advice

Current Interest Rates in Canada for Mortgages   Interest Rates as of June 29, 2022 5 Year Fixed Rate Mortgages – insured or insurable are between 4.5%- 5.00% 5 Year Fixed Rate Mortgages -uninsurable are at 5.00% + Variable rate discounts are prime –...
Will your mortgage payment rise by 45%

Will your mortgage payment rise by 45%

Mortgage Tips And Advice

http://themortgagespecialist.com/wp-content/uploads/2022/06/Will_your_payments_go_up_by_45_.mp4   Rates continue to be the hot topic – and another headline seems to have caused a lot of stir – The Bank of Canada is saying that your mortgage payment...

Bank of Canada Announcement June 1, 2022

Mortgage Tips And Advice

On Wednesday June 1, 2022, The bank of Canada officially announced the increase to the overnight lending rate by 0.5%. This announcement was the world’s worst kept secret for the last few weeks as Canada’s banks were anticipating this and will be increasing...