by quiresoft | Jan 27, 2025 | Variable rate
Introduction to Variable and Fixed Rates Definition of Variable and Fixed Interest Rates Variable and fixed interest rates are two types of interest rates that borrowers encounter. A fixed interest rate remains the same throughout the life of a loan. This stability...
by quiresoft | Jan 24, 2025 | Mortgage Rates
Introduction to Canada Mortgage Rates Overview of the Canadian Mortgage Market The Canadian mortgage market is crucial for homebuyers. It connects lenders with those seeking homes. Various institutions, such as banks and credit unions, provide mortgage options. Each...
by quiresoft | Jan 21, 2025 | Mortgage Rates
Introduction Trump’s tariffs, implemented during his presidency, aimed to boost American manufacturing. These tariffs targeted various imports, including steel and aluminium. The intent was to make domestic products more competitive. By raising costs on foreign...
by quiresoft | Jan 16, 2025 | Variable rate
The prime rate is finally trending downward. But is now the ideal time to choose a variable rate over a fixed one? Let’s weigh the potential mortgage savings against the risks to help you make an informed decision. Is Your Variable Rate Choice Driven by FOMO or JOMO?...
by quiresoft | Jan 1, 2025 | Mortgage Broker
When it comes to securing a mortgage, many homebuyers in Victoria find themselves weighing the pros and cons of working with a mortgage broker versus going directly to a lender. While both options can ultimately help you secure financing, there are distinct advantages...