The answer is probably not. Equifax Canada uses 6 different types of credit score algorithms(mathematical formulas used to calculate the score) which are used by different lending industries. For example the auto industry uses a different type of score than…
Great news for all the variable rate mortgage holders. Prime will remain at 2.70%. You can start your happy dance now. Press release The next scheduled date for announcing the overnight rate target is September 7 2016.
A good article that can improve the way your home looks as well as increasing its value. Click here.
Great news for all the variable rate mortgage holders once again. Prime will remain at 2.70%. You can start your happy dance now. Press release The next scheduled date for announcing the overnight rate target is July 13 2016.
The simple answer to this is yes, most of the time. And what happens when your credit bureau is not accurate? Errors or omissions on your credit bureau can have a detrimental effect on your ability to qualify for a…
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The amortization period refers to the amount of time it will take to pay off your mortgage. The Financial Consumer Agency of Canada has a great resource on how the length of the amortization effects your mortgage. Click here