Mortgage Blog

Connecting The Dots

Category: Mortgage (5 posts)

How a Funding Condition Can Secure Purchasers From Financial and Legal Penalties in  Ontario

How a Funding Condition Can Secure Purchasers From Financial and Legal Penalties in Ontario

July 21, 2021 | Posted by: Barbara Chong

When you make a deal to buy a home, in addition to thinking about how much money to provide, you likewise need to think about any conditions that you want to include. Some common conditions deal with ... [read more]

Bank Of Canada Rate Update July 14, 2021

Bank Of Canada Rate Update July 14, 2021

July 14, 2021 | Posted by: Barbara Chong

Bank of Canada maintains policy rate and forward guidance, adjusts quantitative easing program The Bank of Canada today held its target for the overnight rate at the effective lower bound of ΒΌ per ... [read more]

Risks of Putting Down a Firm Offer with a Pre-Approval Ontario

Risks of Putting Down a Firm Offer with a Pre-Approval Ontario

July 7, 2021 | Posted by: Barbara Chong

Risks of Putting Down a Firm Offer with a Pre-Approval Today, the real estate market is competitive and homebuyers need all the help they can get to secure their home at the right price. Once you fin ... [read more]

Low Rates in Ontario Helping Buyers Pay Off Their Mortgages at Record Pace

Low Rates in Ontario Helping Buyers Pay Off Their Mortgages at Record Pace

June 28, 2021 | Posted by: Barbara Chong

Home prices may be astronomical in certain parts of the country, but historically low mortgage rates are allowing borrowers to pay off their mortgages faster than ever. At today's average rates, 61% ... [read more]

Bank Of Canada Rate Update June 9, 2021

Bank Of Canada Rate Update June 9, 2021

June 9, 2021 | Posted by: Barbara Chong

Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing The Bank of Canada today held its target for the overnight rat ... [read more]

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Barbara Chong
Barbara Chong, HBA, CPA, CA, CFP
Toronto, Mortgage Broker
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