Why Are Mortgage Rates Rising?

Now don’t get me wrong – we are STILL in a period of historically low mortgage rates… but they are on the rise and we have been telling anyone that would listen that “it’s because of the bond market”. Long story short – when bond yields go up, they rise because demand for the underlying bond is…

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Good Enough for Warren Buffett? “Good Enough for Me!”

Okay – I for one am not about to argue with him as far as investment and financial advice goes… so when he thinks “it’s time to refinance your mortgage” – it’s probably “go time”. Here is the very recent article (from Yahoo) that explains: If you own your own home and haven’t refinanced in…

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Why a crash isn’t likely…

From mortgagebrokernews.com Both corporations and households are more indebted now than they were in 1990, the last time the Canadian housing bubble was said to have popped due to a recession. While debt levels in Canada are far higher today than they were 30 years ago, interest rates are also far lower. Conventional rate on…

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EasyApproval.ca part of the Winning Team….

When you trust EasyApproval.ca to help with your financing, you’re getting access to great service AND great rates… and as part of the “Top Team in Canada” for INVIS/ Mortgage Intelligence, you can be sure you’re dealing with the best. Let’s add the “Cashback” offer along with the “Free Mortgage Payment Contest” and you have…

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How would a FREE Mortgage Payment Next January work for You?

I think we can all agree, “there is no place like home” but there can be times when payments can get in the way… and who wouldn’t like a payment vacation next January? This year EasyApproval.ca wants to give back to those “Buying, Refinancing or Switching” by giving one lucky winner “One Month FREE Payment”.…

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Get a Great Mortgage Rate AND $500 CASH

So your mortgage is up for renewal this year?… “Congratulations – couldn’t come at a better time!” since mortgage rates are at historic lows. Want to make it even better? Switch your mortgage with EasyApproval.ca and not only will your have your own “Personal Mortgage Advisor” on YOUR side (making sure YOU get a great…

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Let’s Make Sure You’re in Shape!

  Your mortgage might be coming up for renewal this year… so it’s better to make sure your credit is in good enough shape to get at the great rates that are out there! Creditors can make mistakes on your report that can “make or break” your mortgage rate. If there are mistakes on your…

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FREE Mortgage Payment Contest WINNERS!

Congratulations to Patricia & Andrew on winning the “EasyApproval.ca Free Mortgage Payment” draw for 2020 (they have also been very kind and donated it to charity) Thanks to Everyone…and “Let’s get You entered for Next Year’s draw!” https://easyapproval.ca

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Bank of Canada Qualifying Rate Reduction

Here is some good news (when we need it most) that the qualifying rate is being reduced making it easier to qualify: Benchmark Qualifying Rate: Current Effective March 23, 2020 Rate Change Benchmark Rate Benchmark Rate 5.19% 5.04% -0.15%   When you have questions about home or business financing… trust EasyApproval.ca

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TAKE ADVANTAGE AND LET’S TALK REFINANCE…

So we are seeing the stock market and oil prices taking a beating today, and coming along for the ride are bond markets… with falling mortgage rates to follow. We have already seen a large decline in the last couple of weeks (on mortgage rates) but more are expected – and rather than hide from…

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