5 Year Fixed 3.59%

5 Year Variable 3.10%

Current Mortgage News

Barb Kramer from Mortgage Brokers Ottawa and Dora Bejaoui of Paul Rushforth Real Estate join Steve Gregory on this week’s edition of Open House: The Real Estate and Mortgage show.

A total of 820 residential properties were sold in January according to the Ottawa Real Estate Board (OREB).

Watch this week's segment to see how an RRSP can help with down payment and additional costs on your eligible new home.

Mortgage Professionals Canada (MPC) released their State of the Mortgage Market Report. Although the report itself did address the stress test and subsequent implications, it also shed light on the current Canadian mortgage market moving into 2019.

Mortgage rates remain stable, listing your home for the spring market, and more information about Advanced Mortgage Investment Corporation on this week’s edition of Open House: The Real Estate and Mortgage Show

The Steve, Frank and Paul are joined by Paul Taylor, president of Mortgage Professionals Canada to talk about how government stress tests are hurting the Canadian market.

Recent housing data for 2018 showed indications that the stress test and other federal measures have impacted the ability for some millennials to get into the housing market.

Could a private mortgage be right for you?

The most important thing after you close on a brand-new property is to get a thorough, reputable home inspector in to make sure you don't find hidden costs that you aren't covered for.

Home sales fell 2.5% across Canada from November to December.

Michael Hapke from Advanced Mortgage Investment Corporation joins to group discussing the benefits and advantages of this arm of the Advanced Group of Companies.

In an announcement made today, the Bank of Canada has maintained its key interest rate at 1.75%. This rate impacts the bank prime lending rates on which variable rate loans are calculated.