Alert: 0% Mortgages Could Soon Be a Reality!
If you’re a homeowner, your mortgage is probably your biggest concern. Minor fluctuations in the interest rate could have drastic effects on your family’s finances. Fortunately, interest rates have been…
Mortgage Pre-Approval: What Lenders Want To Know
A mortgage pre-approval is an important first step in the home-buying process. Having a pre-approval in hand tells you how much you can spend on a home, and it locks in the…
Don’t be alarmed but as much as 20% of Canadian mortgages are at a ‘higher risk of defaulting’
Good morning! While the Canadian housing market may be roaring, two resourceful RBC Capital Market analysts pored through the numbers to determine Canadian banks’ exposure to mortgage debt, and concluded…