Category: Financing (4 posts)
- September 1, 2021 @ 4:03 PM
- Posted by Sherry Jenkins
What are credit scores and how are they important?
A credit score is a number that shows how likely you are to pay or default on credit. It ranges from 300 to 850; the higher the number, the more creditworthy lenders deem you. Your credit history dete
- April 21, 2021 @ 7:50 PM
- Posted by Sherry Jenkins
2021 Mortgage Stress Test - Latest Updates
On April 8th, the Office of the Superintendent of Financial Institutions (OSFI) announced that it is relaunching its consultation on the minimum qualifying interest rate for uninsured mortgages. Usual
- April 21, 2021 @ 2:25 PM
- Posted by Sherry Jenkins
April 21-2021 - Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, adjusts quantitative easing program
Available as: PDF The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Ban
- April 12, 2021 @ 7:25 PM
- Posted by Sherry Jenkins
April 2021-Bank of Canada Releases Results from Consultations on Inflation and Monetary Policy
The below details are what has been reported by the Bank of Canada Website Over the past two years, we spoke with thousands of Canadians about their views on the economy, inflation and what the Bank
Sherry Jenkins
Mortgage Consultant
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Latest Rates
| Term | Our Rates |
|---|---|
| *rates subject to change without notice | |
| VIRM | 3.70 % |
| 1 year closed | 4.04 % |
| 2 year closed | 4.59 % |
| 3 year closed | 4.59 % |
| 4 year closed | 4.89 % |
| 5 year closed | 4.49 % |
| 7 year closed | 5.34 % |
| 10 year closed | 5.44 % |