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With our partners to the south flirting with the idea of raising the fed funds rate, we will be sure to see that reflected in a Bank of Canada rate hike ourselves. Reuters and Bloomberg are both anticipating a fed funds increase within the first two quarters of 2017, and the Fed anticipated in December […]
A mortgage specialist in Toronto is a licensed professional who has contact with multiple lenders who offer different mortgage rates. His job is to help buyers who need a mortgage to finance their purchase of a home or other properties to find the best rate, terms and conditions that is suitable for their particular needs. […]
Shop for a home with confidence? Ask for a Pre-approved Mortgage! Important Benefits Know what amount to plan for in your budget Know what amount you need for your downpayment Be in a better negotiating position Be protected from interest rate increases if you choose a fixed rate Speeds up the final approval process […]
If you’re buying a home for the first time, you may not be entirely clear on the difference between fixed rate and variable rate mortgages. Both have benefits and the choice that’s right for you will depend on your situation and your personal preferences. Here’s what you need to know. The benefits of a fixed rate With […]