iToolPro

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So far iToolPro has created 7 blog entries.

Importance of Mid Mortgage Review

It’s important to have a look at your mortgage when during the mortgage term as you may want to make some changes to it. If we look at a variable rate mortgage as an example, booked in 2016 these were done at a rate of prime minus .30% and less, some were done at prime [...]

By |2018-09-22T16:29:16+00:00September 22nd, 2018|Mortgage|Comments Off on Importance of Mid Mortgage Review

Get your Home Equity to work for you

Understanding Home Equity Home Equity is the current market value of your home minus the remaining mortgage balance. You can borrow up to 80% of the equity value   Home Equity Line Of Credit (HELOC) Home Equity Line Of Credit, also known as HELOC has been a potential source of extra cash for a growing number of [...]

By |2017-01-13T22:28:26+00:00January 13th, 2017|Uncategorized|Comments Off on Get your Home Equity to work for you

How does the latest mortgage lending rule affect you?

How does the latest mortgage lending rule affect you? The federal government introduced a new mortgage rate stress test for all insured mortgages effective Monday October 17th creating a new challenge for potential homebuyers in Canada. Essentially the new regulation is aimed at protecting the financial wellbeing of Canadians to support the stability of the [...]

By |2017-01-04T00:39:57+00:00October 18th, 2016|Uncategorized|Comments Off on How does the latest mortgage lending rule affect you?

APPLY FOR A MORTGAGE NOW | START YOUR HOME SEARCH NOW | FIRST TIME HOME BUYERS | RENEWING WITH IMPROVEMENTS

By |2014-11-21T17:50:25+00:00November 21st, 2014|Uncategorized|Comments Off on

Canada’s economy will pick up speed in 2014

OTTAWA — Canada’s economy will pick up speed in 2014, thanks in great part to stronger growth in the United States, as both countries shake off a chilling start to the year, the world’s key lending agency said Tuesday. A recurring concern of the Washington-based IMF is the still-to-be-realized rebalancing of growth from household consumption [...]

By |2014-04-17T01:11:29+00:00April 8th, 2014|Uncategorized|Comments Off on Canada’s economy will pick up speed in 2014

New thinking on BoC rate hike

Brokers are anticipating a particularly busy 2014 as clients look to move before the Bank of Canada does, although there’s new thinking on the timing of its long-awaited hike in the overnight rate. "The Federal Reserve calmed potential homeowners and investors by signalling it won’t raise the rate until the economy improves further, which by [...]

By |2017-01-04T00:39:59+00:00January 4th, 2014|Uncategorized|Comments Off on New thinking on BoC rate hike

Breaking News: CMHC CEO appointment

The minister responsible for Canada Mortgage and Housing Corporation (CMHC), Jason Kenney, announced today that Evan Siddall has been appointed president and chief executive officer of CMHC for a five-year term effective January 1. "Mr. Siddall brings to the position extensive leadership and senior management experience," Kenney said. "His proven financial and capital markets expertise [...]

By |2017-01-04T00:39:59+00:00October 29th, 2013|Uncategorized|Comments Off on Breaking News: CMHC CEO appointment