Karen Boies

Mortgage Planner

  • Financing For Americans Purchasing A Property In Canada

    The following information is specifically for our United States’ neighbours who are interested in financing a property purchase in Canada. If you are interested in information about financing but are from elsewhere around the world please refer to Financing A Property Purchase In Canada From Overseas. As Canada and the United States share the largest

  • Interest rates rise for the 3rd time in a month

    RBC led the way again today, announcing another rate increase of 0.15% across the board. This is the 3rd rate increase in a month and now totals over one full percentage point on many terms. Expect all other lenders to follow in the next few days. If you are in the market to buy, renew,

  • How Are Mortgage Penalties Calculated?

    I’m getting lots of questions about why bank penalties have fallen in the last three weeks. This blog explains the calculation methodology behind it: Transcript of Video Blog: Hi, everybody. It’s Rowan Smith from the Mortgage Centre. I wanted to address penalties, and interest rate differentials, and three month interest penalties and how it all