Mortgage Blog

Category: Best Rates (5 posts)

Understanding Interest Rates

Understanding Interest Rates

November 6, 2012 | Posted by: Laurie Anne Faulkner

What is the rate of interest? Quite simply, interest is the cost of money. The rate of interest is the cost of using someone else’s money. When it comes to interest rates, Canadians are pulled ...

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How Can I Get the Lowest Rate?

How Can I Get the Lowest Rate?

November 6, 2012 | Posted by: Laurie Anne Faulkner

Use a broker to shop around don't just trust your bank will offer you or even have the best product out there! Find the best rate for your needs - this is not always the lowest rate. If you’re ...

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Bond Markets and Mortgage Rates

Bond Markets and Mortgage Rates

November 6, 2012 | Posted by: Laurie Anne Faulkner

Did you ever wish that you could predict where interest rates might be in the future? According to a leading Canadian economist, bond rates can be used to gain greater insight into mortgage ...

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Variable vs. Fixed Rate Mortgage

Variable vs. Fixed Rate Mortgage

November 6, 2012 | Posted by: Laurie Anne Faulkner

Choosing between the comfort of a fixed-rate mortgage and the savings and interest rate risk that a variable mortgage can bring. The variable vs. fixed debate goes on… Global subprime mortgag ...

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Open vs. Closed Mortgage

Open vs. Closed Mortgage

November 6, 2012 | Posted by: Laurie Anne Faulkner

You may have heard about “open” or “closed” mortgages, and are wondering what the difference is. Open mortgages allow the borrower to pre-pay some or all of the mortgage, rene ...

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