Mortgage Rates This Week: Three Big Banks Slash Rates, One Hits 3.99% on 5-Year Fixed!
Mortgage rates this week: Introduction In a significant move impacting the Canadian housing market, three of the country’s major banks have reduced their mortgage rates this week. Notably, one of these institutions has introduced a 5-year fixed rate at an attractive 3.99%. This development presents potential opportunities for homebuyers and those considering refinancing. In this […]
Reverse Mortgages Canada for Homeowners: A Comprehensive Guide
As Canadians approach retirement, securing financial stability becomes a top priority. One financial tool that has gained traction among seniors is the reverse mortgage. This option allows homeowners aged 55 and older to access the equity in their homes without having to sell or relocate. In this guide, we’ll explore what reverse mortgages in Canada […]