by Snap Rates | May 20, 2022 | Mortgage
The trendiest type of home equity line of credit is in the crosshairs of Canada’s banking regulator, which is looking to curb risky borrowing as rising interest rates put added pressure on heavily indebted homeowners. The product under scrutiny is the readvanceable...
by Snap Rates | May 16, 2022 | Mortgage
Short-term financing – credit or loans that are designed to be paid off in a short period of time – can be a useful financial tool in a variety of different situations, such as: Bridge financing If you’re planning on moving and have found a new home before selling...
by Snap Rates | May 16, 2022 | Mortgage
Canada’s banking regulator is leaving the door open to tweak its mortgage stress test before the end of this year, as the cost of borrowing soars and the housing market starts to cool across the country. Although the Office of the Superintendent of Financial...
by Snap Rates | May 12, 2022 | Mortgage
Thinking about retirement before it happens is just common sense. But what questions should you be asking yourself? While seeking the advice of a professional like a retirement advisor can be helpful, there are a few questions to start thinking about as you begin to...
by Snap Rates | May 12, 2022 | Mortgage
Real Estate fraud has increased as online-based transactions become more prevalent, cybercriminals are finding new and creative ways to steal your money. So, what can you do to make sure you don’t fall prey to these malicious attacks? Here are the most common types of...
by Snap Rates | May 12, 2022 | Mortgage
Spring is here and that means we’re embarking on the best time to start getting outside and enjoy more of what the beautiful outdoors has to offer. From weekend hikes, to community running events, don’t underestimate the power of a quick ‘at-home workout’ to...
