Is your mortgage coming up for renewal? Kelowna Mortgage broker, John Antle, and the whole team here would like to wish you a happy mortgage renewal day! Why should you be celebrating? Renewing your mortgage means you have the opportunity to potentially save thousands of...
You may be asking yourself, when is the right time to renew my mortgage? You don’t need to wait until you receive the renewal letter from your lender, in fact it is most advantageous to be pro-active. A few months before the end of your...
Will the new mortgage rules affect you? The federal 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 at 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...