Mortgage Rate Montreal

Spring is here and the peak season for house hunting is upon us. Mortgage rates are quite low making the prospect of purchasing a new home, particularly your first, very enticing. The downside to looking while the interest rates are low is that the vendors are psychologically not prepared to lower their asking price. They [...]

Wow, the Bank of Canada has once again lowered its prime rate by .5%, but unlike the last time prime was lowered, most of the mainstream banks have jumped on board and lowered their lending rate as well. Speaking to people on the street you hear a buzz because they expect mortgage rates to plummet [...]