Winnipeg Mortgage Blog
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When Is Mortgage Refinancing a Bad Idea in Winnipeg, Manitoba?
June 3, 2020 | Posted by: Winnipeg Mortgage Broker and Commercial Mortgage Solutions
Property owners refinance their homes and commercial properties all the time. As your credit improves and you have built more equity into the property, it may make fiscal sense to refinance when inter ...
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Bank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve
June 3, 2020 | Posted by: Winnipeg Mortgage Broker and Commercial Mortgage Solutions
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is &frac1 ...
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Why Now Is a Great Time to Purchase a Rental Property in Winnipeg
May 29, 2020 | Posted by: Winnipeg Mortgage Broker and Commercial Mortgage Solutions
The COVID-19 pandemic has affected every industry across the world, and real estate is no exception. Believe it or not, now may be the best possible time to take the plunge and purchase a rental prope ...
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Is it a Good Time to Become a First-Time Home Buyer in Winnipeg, Manitoba?
May 20, 2020 | Posted by: Winnipeg Mortgage Broker and Commercial Mortgage Solutions
We are facing a challenging time as we work together to combat COVID-19 in our country and even our own neighborhoods. With so much uncertainty in the air, is it a good time to think about buying a ho ...
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5 First-Time Homebuyer Mistakes To Avoid
May 6, 2020 | Posted by: Winnipeg Mortgage Broker and Commercial Mortgage Solutions
Buying your first home is a scary and exciting process because it’s a HUGE commitment. It’s easy to get swept up in the excitement of home shopping and mistakes can leave you with buyer&rs ...
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5 Smart Ways to Use a Home Equity Line of Credit
April 15, 2020 | Posted by: Winnipeg Mortgage Broker and Commercial Mortgage Solutions
For homeowners across the globe, home equity lines of credit (HELOCs) have become a handy way of tapping into the value of their homes. However, when borrowing money against your home, it is always a ...
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Bank of Canada maintains overnight rate target and unveils new market operations
April 15, 2020 | Posted by: Winnipeg Mortgage Broker and Commercial Mortgage Solutions
The Bank of Canada today maintained its target for the overnight rate at ¼ percent, which the Bank considers its effective lower bound. The Bank Rate is correspondingly ½ percent and the ...
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How Does COVID-19 Impact My Mortgage?
April 1, 2020 | Posted by: Winnipeg Mortgage Broker and Commercial Mortgage Solutions
How Does COVID-19 Impact My Mortgage?With the COVID-19 pandemic spreading across the globe, more people than ever are being laid off from their jobs and are unable to make their mortgage payments, or ...
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What should you consider when refinancing your mortgage in Winnipeg, Manitoba?
April 1, 2020 | Posted by: Winnipeg Mortgage Broker and Commercial Mortgage Solutions
Mortgage rates are at a historic low. If you're thinking about refinancing your mortgage, you could possibly save significant amounts of money over the years. Especially in the first years of owning y ...
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Bank of Canada lowers overnight rate target to 0.25 percent
March 27, 2020 | Posted by: Winnipeg Mortgage Broker and Commercial Mortgage Solutions
The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. T ...
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