The Bank of Canada announced on October 22nd, 2014 that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
MyMCAP customer portal is now just a click away! MyMCAP is the new online connection to everything MCAP customers need to know about their mortgage.
A conventional mortgage in Canada normally requires a down payment of at least 20% of the purchase price. When homebuyers have less than 20% for a down payment, Mortgage Insurance allows them to secure a mortgage for their home purchase.
In May 2014, CMHC completed an on-line survey of 860 First-Time Buyers from across Canada. All respondents had undertaken a mortgage transaction in the past 12 months and all were one of the prime decision-makers within their household for matters relating to housing finance and mortgages.
Laneway housing started turning heads in Vancouver a few years ago. As part of Vancouver’s EcoDensity initiative Laneway housing has started to really take off and is bringing a new housing choice to our city.
The Bank of Canada announced on September 3rd, 2014 that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
Valerie & Rob Clients
Thank you very much for everything. It was a true pleasure dealing with you. Not only did you get us the best rate but you were extremely helpful & patient throughout the whole process. You were very quick to answer our many questions. I would certainly contact you in the future & recommend you to my friends and family.
Kelley Skar CIR Realty Calgary Alberta http://www.kelleyskar.com
Scott is incredibly knowledgeable, outgoing, intelligent and has great integrity. He has helped my clients in the past obtain their first mortgage and he was with them every step of the way, something I appreciate as a REALTOR. Scott believes in the team concept working in conjunction with the REALTOR to help our mutual client achieve the most important and expensive purchase they will every make. Read full testimonial…
Teri Conrad Red Barn Group
Scott is one of THE BEST mortgage brokers I have ever worked with! He’s so completely thorough and professional but what really sets him apart are his communication skills and thoughtful updates to help keeping the deals moving smoothly. He embraces and has mastered the new media world and consistently provides both Buyers and Realtors with all the latest important information! I would HIGHLY recommend Scott because its about so much more than just rates! .
Paragon Mortgage Group Inc.