What Is the Prime Rate and Why Does It Matter for Your Mortgage?
When Canadians shop for a mortgage, they often focus on interest rates, monthly payments, and approval requirements. However, one important factor is the prime rate.
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Mortgage insights and industry news
Everything You Need to Know About 50-Year Mortgages in Canada
For many Canadians, rising home prices continue to make homeownership more challenging. Higher property values, interest rates, and stricter qualification standards are pushing buyers to explore longer amortization options.
Read More »How to Get Approved for a Mortgage With a Consumer Proposal or Bad Credit in Canada
Yes, you can get approved for a mortgage in Canada with a consumer proposal or bad credit, but lenders will look closely at your current financial situation.
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