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  • Home
  • About Us
    • Mortgage Broker Advantage
    • Testimonials
    • Privacy Policy
  • Services
    • Residential Mortgages
    • Commercial Mortgages
    • Life Insurance
    • Interest Rates
    • Personal Loans
  • News
  • Resources
    • Market Indicators
    • FAQ
      • Brokerage
      • Mortgages
      • Financing
    • Calculators
  • Contact Us
  • Apply Now
    • Apply Online
    • PDF Application

B of C Rate Announcement – English Literature at its Finest

Mortgage Logic ©
May 29, 2013

Today the Bank of Canada has, on it’s scheduled announcement date, decided to again leave their Key Overnight Lending Rate alone at 1%. This should in turn influence key Canadian financial institutions to leave their Prime lending rate(s) at 3%….

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Beware the IRD Mortgage Penalty

Mortgage Logic
May 9, 2013

IRD, a home owner’s most feared three letter acronym! Clients looking to refinance their existing mortgage to lower their rate or moving to a new property, run into this term every time, especially these days.  The size of an IRD (interest rate…

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