Some of Our Featured Mortgage Rates
|Variable Rate Mortgage||As low as 2.30%|
|3 Year Closed Rate||As low as 2.20%|
|5 Year Closed Rate Mortgage||As low as 2.59%|
|Home Equity Line of Credit (HELOC Up To 80%)||As low as Prime +.25%|
|10 Year Closed Term|| |
As low as 3.84%
Rates and terms subject to change without notice, conditions may apply.
New to Canada Mortgage Program
The New to Canada Mortgage allows qualified home buyers who have immigrated to Canada from another country, or have been transferred here by an employer, to qualify for mortgage insurance with as little as a 5% down payment.
Quick Details of the program - good credit or no credit history is allowed as this program allows limited Credit history.
- Must be in Canada for less than 5 years
- Must have at least 3 months Canadian employment, no probation
- Must have either a working visa or permanent status (9 SIN allowed, must prove legally allowed to be in Canada)If no credit and 5% DP - alternative sources of credit required (as per high ratio insurer guidelines)
- Working visa minimum 10% down from own sources
- Permanent Status 5% down from own sources
Call me to find out all the program details and if you qualify for this program!
Record numbers of Canadian women are active members of the labour force, while south of the border, those numbers are dipping, a new Statistics Canada study shows.
Bombardier handed out pink slips Friday to aerospace employees in Montreal as part of its efforts announced in February to trim 7,000 workers over two years.
A job at McDonald's Canada could now help workers earn a college diploma.
A $12 million settlement in an unpaid overtime class action suit against BMO Nesbitt Burns Inc. is now final after the appeal period expired Monday.
Cisco Systems is laying off 5,500 employees as the internet gear maker scrambles to adapt to a technology upheaval that has triggered similar cutbacks to other storied tech companies.
E-commerce giant eBay urged Canadian businesses on Monday to write to the prime minister and demand a legislated end to the labour dispute at Canada Post as a threatened work disruption was once again put on hold.
Air bag maker Takata Corp.'s troubles worsened Monday as the company confirmed that a truck carrying its inflators and a volatile chemical exploded last week in a Texas border town, killing a woman and injuring four others.
Panera founder and CEO Ron Shaich considers himself the "discoverer-in-chief," meaning he's in charge of ensuring the bakery chain's image doesn't grow stale.
Stock markets in North America kicked off the week registering moderate gains.
With Prime Minister Justin Trudeau set to embark on his first official visit to China, the Chinese government is trying to ease concerns about its human rights record as a way to encourage a deeper business relationship with Canada.
May News and Rate Advisor
Welcome to the May issue of the News & Rate Advisor.
Source: Bank of Canada
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