Continuing the mortgage calculator matches, we have two online contenders facing off today; the banks in the ring today are ING Direct Canada and President’s Choice Financial. Both of these banks offer great products, among their products are their very own no fee chequing accounts, which faced off in a head to head match a

If you are in Canada and if you are thinking of buying a new home, it is essential for you to be aware of the changes that are coming in for the mortgage market. In order to keep up with today’s changing market, the finance minister Jim Flaherty is going to introduce new rules this

Household credit levels are rising at their slowest pace since 2001 as Canadians begin to understand the message about cutting debt levels, according to a report from economists at the Canadian Imperial Bank of Commerce (CIBC). The report was released today, is in contrast to renewed warnings from Bank of Canada officials that Canadians are

Finance Minister Jim Flaherty has tightened mortgage rules with the intention to tackle the ever growing household debt in Canada. What is happening throughout Canada is that people are borrowing money, stretching it to the limits. What are the new rules? The rules in place will put new restrictions on borrowing against the value of

BMO has announced that it will be decreasing its popular five year low rate mortgage from 3.79% to 3.59%. This decrease will be able to provide homebuyers the incentive they need to kick-start their fall house hunting season. To be honest with everyone, the housing market has definitely decreased over the past few months. Sales

Scotiabank released a Mortgage Calculator application for the iPhone on March 27th, 2010. This is Mortgage Calculator is great for those who have begun searching for a new home, or if you are considering refinancing your home. It is good to know how much your mortgage payments will be and what you can afford. With

BMO Bank of Montreal announced it will be changing it residential mortgage rates; these changes are to take effect as of April 16th, 2010. Despite this recent change in mortgage rates, BMO will continue to offer its popular 5-year fixed low rate mortgage with a maximum 25 year amortization. This rate is currently the lowest