How US rates can impact Canadian market?

How US rates can impact Canadian market?

The US housing market has been experiencing a surge in demand over the past year, with low mortgage rates being one of the key factors driving the trend. However, recent announcements by the Federal Reserve regarding the direction of interest rates have left many...
Finally, Some Good News on Interest Rates

Finally, Some Good News on Interest Rates

While the variable rate has traditionally been a money saver, the switch to fixed is definitely on. Since March 2022, fixed rates have risen only 1.7%, while the Bank of Canada has hiked the variable rate option by 4.25% Fixed rates generally follow the Government of...
3 Reasons to use a Mortgage Broker instead of a bank

3 Reasons to use a Mortgage Broker instead of a bank

With today’s higher interest rates and the government putting even more rules and restrictions in place, a Mortgage Broker is better than a bank.  Here is why. 1.    More Options Mortgage Brokers are not restricted by the same rules banks and research all your...