Month: March 2022

Financing Home Renovations

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If you’re looking to do some home renovations but don’t have all the cash up front to pay for materials and contractors, here are a few ways to use mortgage financing to bring everything together. Mortgage Refinance Probably the most straightforward solution, if you’re an existing homeowner, would be to access home equity through a … Continued

Bank of Canada Rate Update – March 2nd 2022

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The Bank of Canada had their rate update today (March 2nd, 2022) and announced a much anticipated .25% rate increase to the over lending rate. This means it went from 0.25% to 0.50%.  This is the first time the bank of Canada has risen rates since the start of the pandemic. Below we clarify what … Continued

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