Blog
Wednesday
8
APRIL
2015
Should you renew your mortgage early?
If you are 4 years or more into a 5 year term, should you consider an early renewal?
A Manulife survey in 2011 found that almost 2 in 3 survey respondents didn’t compare products from lenders when their mortgage was up for renewal.
The number of Canadians who don’t compare mortgage products are surprising considering the dollars that you could save just by asking a few questions...
Monday
2
FEBRUARY
2015
How the BoC overnight rate cut affects homeowners
The Bank of Canada recently announced a cut to the overnight rate from 1% down to .75%. This can be seen as a proactive approach to protect the Canadian economy from the potential risks due to lower oil prices.
Here’s what this cut to the overnight rate might mean to you...
Saturday
5
NOVEMBER
2011
Bank of Canada holds Benchmark Overnight Rate at 1%
A few short months ago the common wisdom among investment practitioners was that the Bank of Canada would start to raise interest rates again, following the rate increases from the European Central Bank (ECB) the Bank of Australia. Since then the...