• Rates lowered by CIBC and RBC

    CIBC and RBC led the way today by announcing lower rates. All rates from 2 year terms and up were lowered by 10 bps across the board. With this latest decrease the posted 5 year fixed rate at both lenders is now at 5.49%. No announcements by the other lenders at this time but they

  • Top 5 Things NOT To Do After Writing An Offer

    Transcript of Video Blog: Hi everybody, it’s Rowan Smith with The Mortgage Centre. I’m going to do a little top five list. These are top five things not to do once you’ve written an offer. OK, so number one. Do not write an offer and leave on vacation. Now there’s a couple of catches to

  • Your Credit Score

    I had the pleasure of meeting with a young professional woman this week who was interested in seeing if she would qualify for a mortgage so she could invest in her own home. During our meeting she expressed concern about having her credit checked and the impact on her ability to get a loan. When