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Andy's Mortgage Blog — Latest Posts
Bank of Canada Raises Key Lending Rate
This morning, the Bank of Canada (BoC) raised its policy rate another .25% bringing its benchmark interest rate to 1.5%, to keep a lid on inflation, whileacknowledging future hikes will be gradual...
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What is the best “boost” for property values?
Royal LePage surveyed over 750 real estate agents across Canada to find out what the best way to add value to a home is. The poll found that a kitchen renovation is the best way to add value. In order...
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What's YOUR best mortgage rate? 20 Questions to Answer
20 Questions to Answer to Get Your Best Mortgage RateFactors such as good credit scores, purchase price and amortization lengths are more important nowadays with the new mortgage rules. “What’s your...
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Is Paying Your Mortgage Down Aggressively a Good Idea?
Last year a third of mortgage holders in Canada chose to pay their mortgages aggressively, which is to say they paid more than the amount required.Instinctively it would make sense to pay off your...
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