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Lori MacDonald || April 28, 2020

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 rate was...

Lori MacDonald || April 07, 2020

I hope my note this month finds you and your family safe

The world certainly has changed in many unimaginable ways over the past few weeks. COVID-19 has changed how we interact, closed our schools, and our non-essential businesses. Many people are working...

Lori MacDonald || April 02, 2020

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...

Lori MacDonald || March 18, 2020

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...