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Fluctuating Rates, Clarified

Fluctuating Rates, Clarified

by Team YourMortgageSpecialist.ca | Mar 27, 2020 | Mortgage News

Fluctuating Rates, Clarified In an unscheduled announcement, the Bank of Canada lowered its target for the overnight rate today by fifty basis points to 0.25%, down from 0.75%.This decisive fiscal action signals the Bank’s response to the economic shock waves...
About Mortgage Payment Deferrals

About Mortgage Payment Deferrals

by Team YourMortgageSpecialist.ca | Mar 21, 2020 | Mortgage Advice

There has been a tremendous amount of news circulating over the last week about the financial challenges Canadians are facing at the onset of this COVID-19 pandemic. On Wednesday, March 18th it was announced that lenders may be able to defer mortgage payments for...
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