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05
May

Understanding the Prime Rate in Canada

The prime rate is usually referring to the interest rate that large banks charge on short-term loans to their best customers. It is used as a guideline for interest rates. The prime rate has an important role in real estate, because interest rates for a lot of loans, such as...
11
Sep

What Are The Different Mortgage Types?

What are the different mortgage types you ask? When it comes to getting a mortgage it is good to know that there are several different mortgage types you can get based on your own specific needs. Here at The Mortgage center, our brokers are trained to choose the best mortgage...