Bank of Canada update
April 22, 2021 | Posted by: Eric Palmer
No Bank of Canada Rate Change The Bank of Canada announced today that it is maintaining the benchmark rate, noting that our first quarter growth was better than anticipated, although the rise of more ... [read more]
April 2020 News letter 'What Now'
April 1, 2020 | Posted by: Eric Palmer
What now? Making sense of a changing marketplaceLet me begin with my heartfelt hope that you and your loved ones are in good health. We are in uncharted territory with the mortgage marketplace contin ... [read more]
Inverted yield curve, huh.. it means lower rates, read on
March 26, 2019 | Posted by: Eric Palmer
First U.S., now Canada's yield curve inverts for first time in 12 yearsSignal of growing risk of recession may keep Stephen Poloz on hold for his final 14 months as head of the Bank of Canada Bloomber ... [read more]
5 Important Tips and Strategies 2019
February 10, 2019 | Posted by: Eric Palmer
Eric Palmer Mortgage Broker Office: 613.384.2334 Cell: 613.331.1153 Visit my website ... [read more]
Mortgage Risks Fading
November 26, 2018 | Posted by: Eric Palmer
Nov 16, 2018 Mortgage risks fading thanks to higher rates, tougher rules: Bank of CanadaCentral bank report offers more details about the impacts of new guidelines and rising interest ratesThe Bank o ... [read more]
Seven Common Questions about Default Insurance.
October 9, 2018 | Posted by: Eric Palmer
Answering seven common questions from homebuyers about Canada's mortgage loan insurance market James Bombales Sep 10, 2018 Obtaining mortgage loan insurance is mandatory for homebuyers ... [read more]
Fixed or Variable ? You get choice with us
September 26, 2018 | Posted by: Eric Palmer
Fixed or Variable-Rate Mortgage? If you are rate shopping, you’ll notice that the lowest available rate will be for a variable mortgage, which is why I’m often asked “what d ... [read more]
Emptying the Nest: How Parents are Helping their Kids Buy Homes
April 1, 2018 | Posted by: Eric Palmer
DAN YURMAN MARCH 13, 2018 In February 2018, the Financial Post ran a story about adults still living with their parents. The figures are staggering. The number of adults still liv ... [read more]
Variable Rate what to do?
January 25, 2018 | Posted by: Eric Palmer
Are you in a Variable Rate Mortgage? Me too. If you’re in a fixed rate mortgage, this news does not impact you. Mind you ‘impact’ is too strong a word to use for t ... [read more]
Jan 19, 2018 market update
January 19, 2018 | Posted by: Eric Palmer
TORONTO -- Many consumers will soon find their debt loads heavier now that Canada's central bank and the country's biggest commercial lenders have raised their benchmark rates by one-quarter perc ... [read more]
