First Time Home Buyers Tax Credit
Did you know that the Government of Canada Revenue Agency has a special plan for first time home buyers? You heard right, the Government of Canada provides a First Time Home Buyers Tax Credit for those who purchased a home in 2012.
How does the first time home . . . → Read More: First Time Home Buyers Tax Credit
Bank of Canada Interest Rate Announcement 6 Mar 2013
Today the Bank of Canada announced interest rate announcement was release. The Bank of Canada is maintaining its target for the overnight rate at 1 per cent and the Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
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Will the Prime lending rate go Up or Down
Next week on Wednesday March 6, 2013 the Bank of Canada will be announcing its decision on the target for the overnight rate. This takes place normally at the Bank of Canada’s headquarters in Ottawa Canada. Based on its recent announcements and decisions, many feel . . . → Read More: Will the Prime lending rate go Up or Down
Canadian Mortgage Brokering Industry
The Canadian mortgage brokering industry still has a long way to go in becoming recognized as a primary source of financial services for real estate financing equal to the big banks. What many people do not realize is that Canadian mortgage brokers and agents for the most part get mortgages . . . → Read More: Canadian Mortgage Brokering Industry
Is your mortgage coming up for renewal? Are you thinking about a mortgage renewal option? Have you considered the option of shopping around for a better mortgage product or mortgage interest rate instead of just staying with your existing mortgagee? Unfortunately many Canadians who are mortgage holders renew their mortgage with their . . . → Read More: Mortgage Renewal
In the complexities of an ever advancing Canadian real estate market it has become increasingly important and beneficial for the consumer, such as the first time home buyer, existing home owner looking for a mortgage renewal, or the real estate investor seeking to acquire an investment property to work with a seasoned . . . → Read More: Mortgage Professional