The Bank of Canada (BOC) announced another half-point, i.e. 50 bps interest rate cut, bringing its benchmark policy rate to a two-year low of 3.75%. This is the fourth rate drop this year, lowering interest rates for borrowers with loans connected to the prime rate. From 5% in the starting of the year to 3.75%...

Are you going to apply a mortgage to buy your first home? Getting a residential mortgage can greatly help in securing the funds you need to pay your seller or real estate broker. Before you apply a mortgage, it is important to understand the tips and tactics that can help you secure the best mortgage...