Let's chat: 902-393-0231
|
— Latest Posts
10 Key Points about Mortgage Deferrals
They are discretionary.Lenders maintain the legal right to timely repayment of their mortgages. Mortgage payment deferral programs are offered at their sole discretion. 2.No lender is going to...
Read More
Government, Monetary Policy and Fiscal Policy Reactions to COVID-19
By Mark Kerzner, President TMG The Mortgage GroupThere was a second emergency reduction in the Overnight rate of 50 basis points on Friday, March 13 – to ensure market liquidity, and in response to...
Read More
Breaking News
The Bank of Canada (BoC) has announced another 50bps reduction in interest rates today in an emergency meeting. The rate has dropped to .75%. The BoC said they are prepared to cuts rates further. We...
Read More
Recent changes may be good news for homebuyers
We’ve had back-to-back changes recently in the mortgage world – one direct, one indirect. The benchmark rate used to qualify will change downwards starting April 6, 2020, and the Bank of Canada (BoC)...
Read More
UA-19179038-2