Save Interest, Mortgage Interest Rates, Low Interest Rates

How Are Mortgage Rates Calculated?

Where Are Mortgage Rates Going? Most homeowners who still have a balance remaining on their mortgage are interested in current mortgage rates as well as where they are going as their renewal dates get closer. However, the majority of homeowners are guided by the media when it comes to mortgage rate speculation. Wouldn’t it be [...]

Save By Refinancing Your Mortgage

Make Your Ontario Home Equity Work For You Like many other Ontario homeowners, you may be considering using the equity you’ve built in your home to re-invest in your dreams or consolidate debt. Ontario Mortgage Refinance Options A mortgage refinance in Ontario allows you to borrow additional money from the home equity you have accumulated [...]

PC Financial Mortgage? Why Not Pay Less Interest?

We Have PC Financial Mortgages, but Suggest Secondary Lenders Your Mortgage Centre mortgage brokers at HCC Mortgages LTD. can offer you all PC Financial mortgage products that your local kiosk, online at PCFinancial.ca, or even on rate comparison sites such as Rate Supermarket and Rate Hub, but have other Ontario mortgage lenders offering even better [...]

Lower Rate CIBC Mortgages At Mortgage Centre

Want a CIBC Mortgage, but at a Lower Interest Rate? Your Windsor Mortgage Centre mortgage brokers at HCC Mortgages LTD. can offer you all CIBC mortgage products, but at a lower interest rate than your branch. We can also offer lower CIBC mortgage products than Rate Supermarket and Rate Hub because through mortgage rate comparison [...]

Lowest Mortgage Rates - Rate Hub & Rate Supermarket - For Real?

So you’re comparing rates on Rate Supermarket and Rate Hub… What’s the catch? If you’re reading this post right now, chances are, you may have typed Rate Hub or Rate Supermarket into Google and accidentally clicked on this post! Otherwise, you were probably specifically looking for someone to explain what conditions you can expect when [...]

Low Mortgage Rates | 2.99% 5-Year Fixed

Currently, Home Mortgage Ontario can provide mortgages for home purchases at 2.99% fixed for a 5-year term, if your closing date is within 45 days! While most big banks are offering 5-year mortgage rates of almost 4% and higher, this is a great opportunity to save your family thousands in interest over your 5-year term! [...]

Are Variable Rate Mortgages Really That Risky?

The 5-year fixed rate mortgage product still remains the front-runner in Canadian mortgage choices for consumers, but you may have found yourself interested in those lower variable rates that you always see advertised. As is human nature, most shy away from variable rate mortgages simply from fear of the unknown. The big question most ask [...]

What Is a Mortgage Penalty? Early Termination Fee? Prepayment Penalties?

Regardless of what they’re called, be aware to avoid paying them! You may not realize it, but when you sign on the dotted line of a mortgage contract, you are agreeing to pages and pages of terms and conditions. For example, the CIBC Set Of Standard Charge Mortgage Terms from 2009 has 31 pages of [...]

What Is a Home Equity Line of Credit (HELOC)?

You may have come across the term “Home Equity Line of Credit” in the newspaper or on the radio, but are you unsure of the details surrounding this borrowing vehicle? If so, don’t be alarmed; many Canadians feel the same way. If you are like most, you probably know that a Home Equity Line of [...]

Why the 5-Year Fixed Mortgage Product?

In Canada, a 5-year fixed mortgage is the most commonly selected home lending product. Widely popular due to their protection against quick interest rate spikes and their constant interest rate for the entire term, most home owners tend to lock-in for 5-years over other options. Some of this trend could be traced back to the [...]