Bank of Canada Holds Rates Steady, But Pares Bond-Buying ProgramBy Scott WestlakeApril 21, 20210 comments#mortgagerates #ratechange #SW #TWT #sherrycooper #DLC #mortgagebroekr For more information on how our mortgage brokerage can help with your current or next mortgage or how this information impacts you, please connect with scott@thewestlaketeam.com ...Read more...
Qualifying Mortgage Rate Falls For First Time Since B-20 IntoBy Scott WestlakeJuly 21, 20190 comments#qualifyingrate #bankofcanada #mortgagerate #oakvillemortgagebroker #oakvillemortgagebrokerage #bestmortgagebroekr #gtamortgage #twt #thewestlaketeam QUALIFYING MORTGAGE RATE FALLS FOR FIRST TIME SINCE B-20 INTRO The interest rate used by the federally regulated banks in mortgage stress tests has declined for the first time since 2016, making it a bit easier to get a mortgage. This is particularly important for first-time homeowners ...Read more...