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July 2017

Bank of Canada raises interest rate for first time in 7 years to 0.75%
Bank of Canada raises interest rate for first time in 7 years to 0.75% ... read more
Does Downsizing Your Home Makes Sense?
Downsizing is a common topic that comes up with homeowners as they approach their retirement years. But before moving to a smaller house or condo, pre-retirees need to think about both the lifestyle and financial implications of such a major move. ... read more
Commonly Used Mortgage Terms every homebuyer should know
Taking out a mortgage can be intimidating, there are many terms and several words that might be unfamiliar to you as you go through the process. Here are the most common mortgage terms we think every homebuyer should know. ... read more
Pricing Tricks To Sell Your Home Faster
Getting your home sold quickly and for a fair price is challenging in any market. While there are real estate agents who focus on such things as staging and making small repairs, strategic pricing is even more important. Buyers who begin their home s... ... read more
How to Choose a Drinking Water Filtration Systems
The benefits of filtering your own water at home are immense. Making the decision to filter water is simple from a health and economic perspective but doesn’t answer the question of what the best water filter is for your specific situation. From the ... ... read more
 

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NATIONAL MORTGAGE RATES
Term Posted
Rates*
Best
Rates*
6 Months 3.14% 3.10%
1 Year 3.04% 2.40%
2 Years 2.85% 2.15%
3 Years 3.45% 2.35%
4 Years 3.85% 2.45%
5 Years 4.65% 2.55%
7 Years 5.30% 3.15%
10 Years 6.10% 3.70%
Variable Rate 2.00%
Prime Rate ** 2.95%
*last updated: July 17, 2017


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The material in this publication is provided for your informational purpose only and is not intended to substitute professional advice.