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By: Robert Clancy Mortgages & Interest Rates

Finance Minister Jim Flaherty is unveiling new mortgage rules aimed at curbing soaring household debt

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By: Robert Clancy Mortgages & Interest Rates

Toronto Mortgage Rates – January 13th

Rates Last Updated : January 13, 2011
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By: Guest User Mortgages & Interest Rates

Mortgage Renewal

When your mortgage term is over and your mortgage is up for renewal you have some options.  Your current lender will send you an renewal agreement outlining the terms and conditions of the new products they are offering you.
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By: Robert Clancy Mortgages & Interest Rates

Mortgage Refinance

What is Mortgage Refinance?

A Mortgage Refinance is remortgaging your existing mortgage by using the equity in your home.  For example; you have a mortgage of $200,000.00 and a home worth $400,000.00. You can borrow up to 90% of your home value, in this case up to $360,000.00 ($400,000.00 x .90%).  Your new mortgage will be the $200,000.00 plus the extra money you take out.

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By: Robert Clancy Mortgages & Interest Rates

Toronto Mortgage Rates

Toronto Mortgage Rates and products constantly change. The Toronto market is more competitive than ever. With one phone call or email to Robert, you can be tapped into the newest information in the mortgage market.
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By: Robert Clancy Mortgages & Interest Rates

Prime Interest Rate Hike not expected

The Bank Of Canada meets tomorrow.

By: Robert Clancy Mortgages & Interest Rates

Prime Rate Remains Unchanged

Bank of Canada Governor Mark Carney kept his benchmark interest rate at 1 per cent Tuesday, saying threats to the global recovery have increased, expressing concern about the rebound for Canadian exports and reiterating that further rate hikes would have to be “carefully considered.”
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