Speaking of Money… It’s Financial Planning Week

Speaking of Money… It’s Financial Planning Week October 17-23 is Canada’s third annual Financial Planning Week and as part of its campaign to get more Canadians engaged in their financial wellbeing, Financial Planning Standards Council (FPSC®) hit the streets to...

What has happened to the Variable Rate Mortgage?

What has happened to the Variable Rate Mortgage? It is dying a slow death!   A couple of weeks ago I was able to get a client prime less 0.85%, today that is not the case!  Tonight one of the last lenders is moving up to prime less 0.15%, which is considered a good...

Why Choose the Variable Rate Mortgage?

With the Canadian economy doing surprisingly well over the past six months, many see higher interest rates from the Bank of Canada in the not so distant future, but according to a report released Thursday from CIBC’s chide economist Avery Shenfeld rates are likely to...