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Verifying Your Source Of Funds
Verifying Your Source Of Funds Verifying your source of funds used to purchase real estate has recently come under scrutiny. It seems every day more information comes to light about the extent of money laundering in British Columbia. It appears billions of dollars...
Mortgage Payment Options
Different Types of Mortgage Payments Options Congratulations, you've found your dream home and your trusted Mortgage Broker secured your mortgage. You have many mortgage payment options to pay off your mortgage faster. Faster repayment means less interest paid...
Stress Test Rate Lowered by The Bank of Canada
STRESS TEST QUALIFYING RATE LOWERED BY THE BANK OF CANADA The stress test qualifying rate was lowered 15 bps by the Bank of Canada. The new rate is 5.19%, down from 5.34%. This is a modest move when you consider Canada's 5-year bond rate has declined 106 bps from...
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