The market now believes that the likelihood of a rate hike on July 12th is 22%, down from 35% before the inflation numbers were released last week. In these newsletters we try to predict what the Bank of Canada (BoC) will do and how it will affect your mortgage. Over the past 14 years we… Continue reading Should You Be Scared of Your Variable Rate Mortgage?
According to the Bank of Canada, home buyers who work with a broker save more money than those who work directly with a bank. And when you think about it, brokerages like MorCan Direct are much more likely to help you – here’s why: