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Navigating the mortgage landscape can be overwhelming, but mortgage rate tracking sites offer a valuable starting point. These platforms have revolutionized the mortgage shopping experience, allowing borrowers to easily compare rates and save money. However, understanding how to use these tools effectively is crucial. Understanding Mortgage Rate Tracking Sites Mortgage rate tracking sites provide borrowers…
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Recent federal mortgage reforms in Canada are likely going to have influence over the owners of houses and the lenders. Here’s an overview of the key changes and their implications: Introduction The Canadian government has made some efforts to increase housing accessibility and affordability. They expect to help young families to buy their first homes…
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When the inflation rates remains at 2%, the Bank of Canada also gradually receives call for rate cuts gradually. However, previous conditions of the market show that such trembling can push the inflation rates down but at the same time keep the economy unstable and cause inflation to become an endemic factor such as during…
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The new rules of mortgage insurance by the government of Canada have begun to capture the attention of homebuyers and real estate personnel. As such, these changes are expected to diversify housing opportunities in as much as it has made higher maximum home value and longer amortization periods possible. It is in this regard that…
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