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— Latest Posts
The Bank of Canada’s rate hikes may not be done yet
In addition to raising interest rates by another 75 basis points on September 7, the Bank of Canada also signalled that it’s not done hiking just yet. As expected, the Bank raised its overnight...
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Obtaining mortgages on Mobile homes, Modulars and Manufactured homes | Saskatoon, Saskatchewan Mortgage Broker | TMG The mortgage Group
If the mobile home is 1995 or newer, is secured to a foundation and is on owned land (not leased) a mortgage broker may have options for you. While there may be a varying difference in definition...
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How to reduce payment shock at renewal time | Saskatchewan Mortgage Broker | Trigger Rates | Trigger Points and Variable Rate Mortgages
By now, “trigger points” should be in the vocabulary of nearly every variable rate mortgage holder.There’s been a great deal of coverage lately about trigger points due to the rise in interest rates...
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What are Trigger Rates and Trigger Points on a Variable Interest Rate Mortgage? | Mortgage Broker Saskatoon, Saskatchewan
Variable interest rate mortgages are mortgages where the interest rate may change during the term of the mortgage, butyour monthly payment remains the same. (An adjustable rate mortgage is where the...
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