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GTA, Toronto Mortgage Refinancing & Lending Blog

GTA & Toronto Specialists in home equity loans, refinancing & 2nd mortgages

Category: Mortgages (8 posts)

Bank of Canada will maintain current level of policy rate until inflation objective is achieved, recalibrates its quantitative easing program

Bank of Canada will maintain current level of policy rate until inflation objective is achieved, recalibrates its quantitative easing program

October 28, 2020 | Posted by: CanadaLend.com Team: GTA and Toronto Mortgage Brokers

The Bank of Canada today maintained 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. ...

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Bank of Canada maintains commitment to current level of policy rate, continues program of quantitative easing

Bank of Canada maintains commitment to current level of policy rate, continues program of quantitative easing

September 9, 2020 | Posted by: CanadaLend.com Team: GTA and Toronto Mortgage Brokers

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is &frac1 ...

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Reverse Mortgages – Impact on Heirs in GTA, Toronto, Ontario

Reverse Mortgages – Impact on Heirs in GTA, Toronto, Ontario

September 2, 2020 | Posted by: CanadaLend.com Team: GTA and Toronto Mortgage Brokers

How do Reverse Mortgages Affect Canadian Heirs? For Canadian seniors, there is a great way to get the most out of the equity in their homes. Home prices tend to rise, and equity builds in the prope ...

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When Is Mortgage Refinancing a Bad Idea in GTa, Ontario?

When Is Mortgage Refinancing a Bad Idea in GTa, Ontario?

June 3, 2020 | Posted by: CanadaLend.com Team: GTA and Toronto Mortgage Brokers

Property owners refinance their homes and commercial properties all the time. As your credit improves and you have built more equity into the property, it may make fiscal sense to refinance when inter ...

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Bank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve

Bank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve

June 3, 2020 | Posted by: CanadaLend.com Team: GTA and Toronto Mortgage Brokers

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is &frac1 ...

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Should You Pay Off Your Mortgage Early?

Should You Pay Off Your Mortgage Early?

April 10, 2020 | Posted by: CanadaLend.com Team: GTA and Toronto Mortgage Brokers

It's a dream to be able to pay off your mortgage early, but is there a downside?  While it sounds like a great idea, there are some factors to consider before doing so.  This article will ex ...

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Should You Spend the Full Mortgage Amount You're Approved For?

Should You Spend the Full Mortgage Amount You're Approved For?

March 13, 2020 | Posted by: CanadaLend.com Team: GTA and Toronto Mortgage Brokers

Before you start shopping for a new home, you'll need to know exactly how much house you can afford. Otherwise, you could end up in a home that is way out of your budget. What you qualify for may not ...

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Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!

Take Advantage of Low Interest Rates – Refinance Your Mortgage Today!

March 6, 2020 | Posted by: CanadaLend.com Team: GTA and Toronto Mortgage Brokers

Borrowers are loving the current record low interest rates, and homeowners stand to benefit even more. If you bought your home more than a few years ago, you could probably benefit from a refinance ...

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