Blog
At Mortgage Teacher, we're dedicated to helping you make smart mortgage choices. Follow our blog to stay up-to-date on recent Canadian mortgage trends, latest mortgage news, and changes to mortgage rules. Our team of mortgage brokers offer the best advice for both first time home buyers and current homeowners on refinancing, renewals, construction, renovations, and more.
Variable Rate? Bank of Canada meets and holds the overnight rate
Bank of Canada holds steady on interest rates, warns of future hike. So for now your variable rate will stay still.
THE DEBT LIST..... Mortgage debt vs Consumer debt
Clients came in today as their 5 year fixed mortgage. So as many other people have asked…
Are Canadians soon to see a 5 year Mortgage Rate lower than 2.99{ea18e790148ddb141722068dfb73f9f74b06205fa18c7d39ece0e7144d0672b8} ?
In June, 41.8% of Canadian mortgage seekers were leaning towards five year fixed rates, according to RatePulse, a new monthly digest offered by RateSupermarket.ca, Canada's independent rate comparison site.
CMHC addresses their move on the new rule changes
On June 21, 2012 the Government of Canada announced new parameters regarding the application of government backed mortgage insurance.