Agent Blogs

Blog posted by Cory Kline, AMP Views (3691)

  • With the Bank of Canada recently signalling that interest rates may rise sooner than many were anticipating, the question becomes how well-prepared Canadians are for higher rates? • Over the medium-term, interest rates will likely rise at... [ read more ]

Blog posted by Cory Kline, AMP Views (3562)

Just released...CMHC's Housing Market review for Barrie, if your interested in reading the full review please click on the link: CMHC Barrie Housing Market Review Today's Mortgage Rates at Neighbourhood DLC... 3 year fixed: 2.99% 5 year fixed: 3.19%-3.59% 10... [ read more ]

Blog posted by Cory Kline, AMP Views (3936)

Market Comment... The past week has been uneventful in terms of interest rate movement. The bonds remained fairly steady with last Wednesday still being the high for 2012. Keep in mind we still have 2 lenders offering 10 year funds at 3.89%. A wonderful option... [ read more ]

Blog posted by Cory Kline, AMP Views (3691)

While most Canadians spend a lot of time and effort in shopping for an initial mortgage, the same is generally not the case when looking at mortgage term renewals. Omitting proper consideration at the time of renewal costs Canadians thousands of extra dollars... [ read more ]

Blog posted by Cory Kline, AMP Views (3476)

The 10-year fixed-rate mortgage has generated renewed interest lately as borrowers look to lock in for the long term and enjoy the security and peace of mind this brings. With mortgage rates at all-time lows, it turns out that fashion isn’t the only thing... [ read more ]

Blog posted by Cory Kline, AMP Views (2821)

Mortgage rates remained unchanged over the past week. The bond rate has been creeping up and hit a new high for 2012. There has been a great deal of news in the different media's recently, about the potential for higher rates during 2012. Last Friday at a... [ read more ]

Blog posted by Cory Kline, AMP Views (2807)

As expected there was no change in the Bank of Canada this past week. They certainly set the stage for some possible increases in the future. The bond rate remained flat the past 7 days, therefore no changes in the fixed term mortgage rates. We still have 2... [ read more ]

Blog posted by Cory Kline, AMP Views (6251)

Bank of Canada Maintains Overnight Rate Target at 1% The Bank of Canada maintained its target rate. It is worth reading the final paragraph(below) as it mentions possible withdrawal of "monetary policy stimulus", meaning rate hikes are possible in the... [ read more ]

Blog posted by Cory Kline, AMP Views (13643)

Rubina Ahmed-Haq Moneyville | Powered by thestar.com Sun Apr 01 2012 If you’re buying a house and are shopping for a mortgage this spring you may come across something called a collateral mortgage. This home financing tool has been around for a while, but... [ read more ]

Blog posted by Cory Kline, AMP Views (5270)

The bond and mortgage market have been uneventful this past week. No real changes at all. The Bank of Canada announcement is next Tuesday and no changes are expected. We still have 2 lenders offering 10 year funds at 3.89%. A wonderful option for those concerned... [ read more ]

Blog posted by Cory Kline, AMP Views (4336)

The 10-year mortgage: Is it the right time to go long? Roma Luciw Globe and Mail Blog Posted on Monday, March 26, 2012 6:29AM EDT... [ read more ]

Blog posted by Cory Kline, AMP Views (4929)

The past week has been uneventful in the bond market. No real movement one way or another. With the "rate wars" over for the moment, lender's have increased their 5 year fixed rates. Most lender's have 5 yr fixed in the 3.29-3.59% range. We... [ read more ]

Blog posted by Cory Kline, AMP Views (2851)

Bond rates have fallen approximately 10 basis points from its high a week ago for 2012.  Lender's have been pulling back their specials over the past few days. We expect most of the new rates to happen today. Five year money is expected to be in the 3.49%... [ read more ]

Blog posted by Cory Kline, AMP Views (2806)

The past week saw bond rates hit a new high for 2012. They have moved up approximately 30 basis points the last 2 weeks. There is a chance of a rate increase on fixed rate mortgages at any time. Overall rates continue to be extremely low. If you have a variable... [ read more ]

Blog posted by Cory Kline, AMP Views (3666)

The past week saw the bond rate creep up marginally. There has been no changes in fixed or variable rate mortgages. We are seeing 5 year mortgages in the 3.14-3.39% range and variable rate mortgages as low as prime -.2% If you have a variable rate of any more... [ read more ]