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My Mortgage Blog — Latest Posts
Bank of Canada has slightly lowered the stress test from 5.04% to 4.94%
Minimal change, but headed in the right direction.Scotiabank profit plunges 40% as bad loans more than double amid COVID-19.Scotiabank posted a profit Tuesday morning of$1.32 billion in the three...
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Where would you prefer to live?
As we move into Spring, and as provinces across the country begin easing restrictions, The Canadian Real Estate Association (CREA) is hopeful that home sales will start to tick up. The housing and...
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Mortgage Interest Rates in the COVID-19 Economy
Mortgages and interest rates are still talked-about topics in the current economic climate. Here’s a recap. In January 2020, just prior to the pandemic surfacing in Canada, a five-year fixed...
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The Health Crisis and Your Mortgage
A lot has changed in the last few weeks, much of it unsettling. The current COVID-19 health crisis has created some level of uncertainty among the population and a lot of unknowns. So, here’s a...
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