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…
DetailsWhen 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…
DetailsI 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”.…
DetailsSo 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…
DetailsYour 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…
DetailsCongratulations 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
DetailsHere 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
DetailsSo 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…
DetailsIf you’ve been watching the bond market, you’ll already know that the yield has been steadily declining for a couple of months now – and this week with the US and the Bank of Canada making moves (that affect Variable Rate Mortgages) we are in for some cuts in borrowing rates… and if you’re a…
DetailsGREAT NEWS for Qualifying Effective July 22, 2019, the Bank of Canada 5-year Benchmark Qualifying Rate is being reduced down to 5.19% (from the current 5.34%) so this is great news for those shopping with less than 20% downpayment! (really, it means that you’ll either qualify for more shopping budget, or you can carry “a little more…
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