March 19, 2025
Policy rate cut: what it means for borrowers and homebuyers
by Multi-Prêts Hypothèques
On March 12, 2025, the Bank of Canada announced a further 25-basis-point cut to its policy rate, directly...
Financing
Not sure how to put together a down payment? Want to buy a second property? How can you leverage your home equity to pay for your children’s post-secondary education? Dare to dream. You’ll find your answers here.
The rate. Always the rate. Of course mortgage rates are an important factor to consider when buying a...
December 19, 2024
Reverse mortgage: a solution to consider for certain homeowners
by Multi-Prêts Hypothèques
A reverse mortgage, while often misunderstood, is a financing solution that can offer significant flexibility, especially for older...
December 13, 2024
Policy rate cut: impacts on homebuyers and mortgage holders
by Multi-Prêts Hypothèques
John Fucale, Senior Vice-President in charge of broker relations, was recently quoted in two articles published in Les...
November 29, 2024
Economic outlook: Economic growth slowed in the third quarter
by Multi-Prêts Hypothèques
Statistics Canada reported this morning that real gross domestic product (GDP) increased by 0.3% in the third quarter...
November 25, 2024
Rise in mortgage delinquencies: act early if you’re facing financial difficulties
by Multi-Prêts Hypothèques
Although mortgage rates have begun to decline in recent months, many borrowers are currently renewing their mortgages at...
November 16, 2024
How to choose a credit card
Credit cards have multiple uses. They’re great for making online purchases, they let you borrow money to obtain...
November 7, 2024
How to make a budget and manage your personal finances
While budgeting can be daunting, it’s actually an invaluable tool for understanding where your money is going and...
Better manage your credit card A credit card is an excellent tool if used wisely. With a little...
In the article titled “The Government of Canada wants to facilitate the construction of accessory housing units,” published...
October 24, 2024
Interest rate cuts: a breath of fresh air for mortgage borrowers
by Multi-Prêts Hypothèques
In a recent article in Le Devoir titled “How much will you save thanks to the interest rate...
Interest rates, instalment amounts, payment frequency . . . Mortgages come with many conditions. You can renegotiate them at the end...