Kelowna Mortgages Tag

Will the new mortgage rules affect you? The federalĀ government is boosting the minimum down payment for higher-priced homes in Canada effective in the new year. The announcement was made by Finance Minister, Bill Morneau atĀ a press conference in Ottawa this past Friday. The increase is part...

Earlier this month the Bank of Canada (BoC) made their regularly scheduled interest rate announcement, and rates appear to be holding steady until the end of 2015. You may have been debating refinancing your mortgage and asking yourself "Is refinancing a smart option?". There are a...