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    • 01JUN
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      Bank of Canada Prime Rate Rises – So It Begins

      The Bank of Canada raised the Bank Rate by 0.25% today. It is now at 0.50%. This is the first increase by the central bank since July 2007. With this rise I expect all major lending institutions to rate their Prime Rates by an equivalent amount – from 2.25% to 2.50%. This means that if

      • Posted by Wayne Mah
      • Bank of Canada
      • Market Update
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    • 27MAY
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      What NOT to do AFTER your mortgage has been approved and BEFORE it funds

      Generally speaking real estate buyers will include a condition “subject to financing” when buying a home.  Once the significant lender conditions have been met (such as confirmation of your ongoing employment, income and your down payment) I will provide you with the lenders mortgage commitment and a letter confirmation of the approved mortgage financing.  You

      • Posted by administrator
      • First Time Home Buyer
      • New to Canada
      • Purchases
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    • 25MAY
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      5 Steps in Arranging Financing – A How To Guide

      In this video I cover the 5 major steps in arranging financing on your home. Enjoy! Transcription of Video: Hi, everybody. It’s Rowan Smith at the Mortgage Centre. I’m going to cover today the five simple steps that you’re going to go through when you’re purchasing a home. There are many, many steps, and each

      • Posted by Rowan Smith
      • Basic Mortgage Info
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