According to analysts, interest rates in Canada will continue to rise until 2020. This means that borrowers will be eligible for lower mortgages, while homeowners can expect Mortgage payments rise at the time of renewal of their normal or floating rate mortgage. Why are rates rising? Canada’s growing economic environment, especially since the finalization of […]
Day: July 21, 2019
How does the subrogation of a mortgage loan benefit me?How does the subrogation of a mortgage loan benefit me?
The subrogation or transfer of a mortgage loan from one bank to another basically has a benefit: saving money, lowering your monthly accounts. Here I explain. On the subrogation of a mortgage loan My parents had a party the day they released the mortgage on the house they had bought 20 years ago. They […]