What Is Happening With Rates Right Now, And If You Have a Variable Rate Mortgage, Should You Lock In?

Why Your "Low" Mortgage Rate Might Actually Be Costing You a Fortune

Fixed vs. Variable: Which Mortgage Rate Is Actually Saving Canadians Money in 2025?

If you're looking to buy a new property, refinance, or renew an existing mortgage, chances are, you're considering either a fixed or variable rate mortgage. Figuring out which one is the best is entirely up to you! So here's some information to help you along the way. Firstly, let's talk about the fixed-rate mortgage as this is most common and most heavily endorsed by the banks. With a fixed-rate mortgage, your interest rate is "fixed" for a certain term, anywhere from 6 mont

If you are new to the world of mortgages, you probably have a lot of questions - such as whether to choose a fixed-rate mortgage or variable -rate mortgage. Even experienced home owners can sometimes struggle with this, and may wonder if they made the right choice or if they should switch. Before we get to that, let me explain the differences between fixed and variable-rate mortgages. A fixed-rate mortgage is just that - a fixed amount of interest that you would p

Are you a risky person? when it comes to investing? what about your mortgage? Check out this video....

Variable rates are insecure, they are scary, they are only for the most risky of home owners. This is what my parents taught me. This is what they learned when they got a mortgage. Now that I am a Mortgage Agent, it is my job to explain to everyone why this is not true. 1. Rates do not Jump Huge Increments Your mortgage rate will be prime minus a certain amount (eg. prime - 0.48). What you need