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My Mortgage Blog — Latest Posts
Home Equity Line of Credit
A Home Equity Line of Credit (HELOC) offers several benefits that make it an attractive option for homeowners. Here are some of the key benefits:Access to funds: A HELOC provides you with a revolving...
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Happy Canada Day Canadians can own home with 5% down payment
Homeownership in Canada offers several benefits for Canadians, even with a 5% down payment and a stable housing market. Here are some key advantages:Equity Building: When you own a home, you have the...
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Special 6 Month offer 4.5%
When it comes to securing a mortgage, finding the best interest rate is crucial. In recent times, a special offering has emerged in the form of a 6-month mortgage at 4.5%, which provides borrowers...
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Economic brief: OSFI increases capital buffer requirement for Canadian banks
Canada's banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), has announced an increase in the capital buffer requirement for the country's largest...
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