Declaring interest and eventually committing to purchase a house is one thing; completing the purchase and moving in is another thing entirely. For that, you’ll need to meet a slew of requirements not least among which is the need to present and verify the source of your down payment. Verifying your down payment is an…

Fixed or variable rates? That’s one tough decision virtually everyone who needs a mortgage financing solution contends with. No thanks to the volatility of variable interest rates and fixed rates that fluctuate without season.  The good news, however, is that with a healthy dose of insights and an understanding of the mortgage market making that…

Current bond market trend in Canada sending a signal to go with a variable mortgage rate If you are in the market for a mortgage loan, then you are probably up to speed with the Bank of Canada’s progressively rising key bank rate. In what the bank describes as heading towards the neutral range, this…