Mortgage rates haven't moved much this week, and 2.99% for a 4 year fixed term is still available on owner-occupied properties (including owner occupied rentals if you happen to have a du, tri, or fourplex and live in one of the units). Five year fixed are hovering around 3.29% - 3.49% depending on the lender (and whether or not you want a full service mortgage - so 'no frills' offers are lower), and the variable 5 year is anywhere from 2.60% … [Read more...]
Does your Dream Home Need Some TLC?
The story is often the same. You find the house you've been searching for in the neighbourhood of your dreams, but it needs some updating or personalizing via renovations that you aren't sure how you can afford. What if you could add these renovations to your mortgage, have it all at the great low rates that a mortgage offers, and all in one payment? Well you can with a Purchase Plus Improvements mortgage! The Purchase Plus Improvements … [Read more...]
