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Author Archive | Administration BFG

Interest-Only Mortgages are back!!

Interest only mortgages are suitable for homeowners and investors who wish to utilize an interest only payment while qualifying on a 30 year amortization for up to 80% of the value of the home (LTV).  NO high Ratio deals permitted. Fixed and ARM rates are available. Great for: –  Investors who own multiple rentals and wish […]

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Variable Rate might be a decent bet!

Credit market U-Turn: Bond yields now signal mortgage shoppers should go with a variable rate Recently, Canada’s five-year bond yield dove to a multi-month low, a bearish short-term signal for fixed mortgage rates. Why the U-Turn in rates? The whiplash in rates comes as  President Trump threatens to tax Canada’s imports into the U.S.  If […]

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