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My Mortgage Blog — Latest Posts
Lowest rate not always the best choice .
The lowest rate isn't always the best rate: Here's why ...
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What is a Private lender for residential Mortgages?
A private lender for consumer mortgages is an individual or non-bank entity that offers loans directly to borrowers, typically with terms different from those of traditional banks or credit unions....
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How Mortgage rates are affected by Bond rates
1. Direct CorrelationFixed-rate mortgage rates are largely tied to long-term government bond yields (often the 5-year government bond yield in many countries). When bond yields increase, mortgage...
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Bank of Canada's fourth consecutive rate cut brings more relief to borrowers
The Bank of Canada delivered a 50-basis-point (bps) rate cut on Wednesday, bringing its policy rate to 3.75%, its lowest level in two years. This marks the fourth straight...
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