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Bank of Canada Rate Announcement Oct 25th, 2017

Bank of Canada Rate Announcement Oct 25th, 2017

by Joe Tomkins | Oct 25, 2017 | Announcement, Blog, Mortgage

The Bank of Canada today maintained its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Inflation has picked up in recent months, as anticipated in the Bank’s July Monetary Policy...
What you Need to Know About the Latest Mortgage Rule Changes

What you Need to Know About the Latest Mortgage Rule Changes

by Joe Tomkins | Oct 17, 2017 | Announcement, Blog, Economy, Finance, Mortgage

If you’ve tuned into the news today, you’ve probably heard that there are new mortgage rules coming into effect on January 1st. 2018. Over the next week you’ll most likely hear a lot of commentary on whether these rules are good, bad, necessary, or...
3 Misconceptions About Reverse Mortgages in Canada

3 Misconceptions About Reverse Mortgages in Canada

by Joe Tomkins | Oct 10, 2017 | Blog, Homeownership

One of the benefits of working with an independent mortgage professional is choice when it comes to mortgage product. When you work with a single bank or financial institution, you are limited to the products they offer. When you deal with a mortgage broker, you gain...
10 Money Mistakes Millionaires Don’t Make

10 Money Mistakes Millionaires Don’t Make

by Joe Tomkins | Oct 3, 2017 | Blog, Finance, Guest Post

So you want to be a millionaire. Sigh, don’t we all.  It might feel like a lofty goal but it turns out the underlying principles millionaires follow when it comes to their money are pretty basic. Some of them are downright boring. But they obviously work, so let’s...

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