FP | February 21, 2010
The Canadian housing bubble might really cool down as the Canadian government has made changes to the mortgage lending rules. The new changes are to take effect on April 19th, 2010. Now when interest rates are at historic low, home buyers are purchasing homes often without careful consideration about the effects of higher interest rates, [...]
Category: Mortgage |
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Tags: Mortgage
FP | April 22, 2009
The latest rate cut means consumers buying a house can borrow for as little as 3% interest on their loan if they are willing to buy into the Bank of Canada’s statement Tuesday that it won’t be changing rates until June, 2010. If you don’t believe the bank will hold steady on its promise, you [...]
Category: Financial Knowledge |
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Tags: Canadian Government, Financial Knowledge, Mortgage, Mortgage Rate Cuts, Personal Finance
