Variable Rate Mortgages & How They Work

Variable rate mortgages are getting lots of attention lately as the bank are offering some specials. You will see the variable rates being offered anywhere from prime minus 0.90% to prime minus 1.15%. Prime rate is currently 3.45%. One major bank has their prime rate at 3.60% to make their variable offer seem more attractive. … Continue reading Variable Rate Mortgages & How They Work

So Many Mortgage Options, Which One Is For Me??

Getting a mortgage is a big step in anyones life. Not only are you about to make one of the biggest investments in your lifetime, you are also going to sign up for one of the longest loans that you will ever get. So what are your options? Lots! Don't just look at the rate and take … Continue reading So Many Mortgage Options, Which One Is For Me??