MortgageRatesToday.ca

“Lower than prime,” you heard someone say. Like most Canadians, you were probably first skeptical and then confused. We tend to think of the prime lending rate as the invisible “floor” of lending rates. The very best customers can get very close to that floor. It is theoretically possible, we reason, to actually be ON [...]

Read the full story

  Ask any Canadian who has gone through the home buying process what score is more important – last night’s NHL results or their Beacon Score – and they’ll most likely respond, “the Beacon Score of course!”. The reason being that a Beacon Score is one of the credit scores that lender’s use to [...]

Read the full story

When you’re looking for Canadian mortgage rates, it may seem like more than you can handle. Don’t stress. Take a deep breath and follow these simple steps to get your dream home. 1. Play around on the Internet. That’s right. Use this as your superhighway for information. Familiarize yourself with terms and conditions. But most [...]

Read the full story

The turbulent past few weeks in the global economy has been playing havoc with interest rates as the Bank of Canada was among several global central banks to drop their prime lending rates to try and slow down the economic downturn. The typical reaction from the Big Banks is to follow the Bank of Canada’s [...]

Read the full story