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My Mortgage Blog — Latest Posts
Bank of Canada raises rates: What it means for your mortgage
For homeowners who have gained some breathing room in their mortgage budgets, today’s Bank of Canada announcement may feel like a setback. The Bank raised its policy rate by a quarter of a...
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Going through a separation? Don't assume selling the house is the only option
Separation is one of those transitions where everything feels uncertain at once. Where will you live? What happens to the kids, the mortgage, and the equity you built together? On top of that, you...
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The rate didn’t move. Your mortgage strategy still can.
The Bank of Canada held its policy rate at 2.25% this week, leaving borrowing costs unchanged for Canadians with variable-rate mortgages and other products tied to lenders’ prime...
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I pay $2,000 in Rent. Why can't I qualify for a $2,000 mortgage?
I hear this question all the time:“I’ve paid $2,000 in rent every month for three years without missing a payment.So why did I just get told I don’t qualify for a $2,000 mortgage payment?”It’s a fair...
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