Oriana Financial Group of Canada Ltd.

Oriana News

Millennials: Is buying a home in your 5 year plan?

Financial Post ~ February 24th, 2017Buying a home is one of the largest and most important investments you’ll make in your lifetime; home ownership is still the single largest source of savings for Canadian households, as every payment you make builds equity. If you’re hoping to purchase a home in the next five years, or sooner, there are some key steps you should take to ensure you’ll be able to reach your goal of home ownership.Know your current credit score and improve ...

Read More

When it comes to your mortgage, don't forget to consider the term

BNN ~ February 20th, 2017OTTAWA -- You shopped around for the best deal on your mortgage and weighed the pros and cons of going with a fixed-rate or a variable-rate loan, but another key factor to consider is the term.A majority of borrowers opt for a five-year mortgage -- about 54 per cent according to Mortgage Professionals Canada -- but experts say homebuyers need to consider how long they want to commit to when it comes to their loan.James Laird, co-founder of interest rate-comparison ...

Read More
  • Feb 17, 2017

Mortgage Rates Are Trending Up - Should You Worr

Forbes ~ February 14th, 2017Unless you plan to buy your home with cash (lucky you!), it's important to know what's going on with mortgage rates these days. The bad news is that they are rising. The good news is that they have been at historic lows since the housing market crashed nearly 10 years ago — and they are still low. But since they probably won't stay this way forever, let's take a moment to learn what rate hikes could mean to you.Should you hurry to buy a home?When rates start to ...

Read More

Mortgage Rates Are Trending Up - Should You Worr

Forbes ~ February 14th, 2017Unless you plan to buy your home with cash (lucky you!), it's important to know what's going on with mortgage rates these days. The bad news is that they are rising. The good news is that they have been at historic lows since the housing market crashed nearly 10 years ago — and they are still low. But since they probably won't stay this way forever, let's take a moment to learn what rate hikes could mean to you.Should you hurry to buy a home?When rates start to ...

Read More

Mortgage Rates Are Trending Up - Should You Worr

Forbes ~ February 14th, 2017Unless you plan to buy your home with cash (lucky you!), it's important to know what's going on with mortgage rates these days. The bad news is that they are rising. The good news is that they have been at historic lows since the housing market crashed nearly 10 years ago — and they are still low. But since they probably won't stay this way forever, let's take a moment to learn what rate hikes could mean to you.Should you hurry to buy a home?When rates start to ...

Read More

Interest-Only Makes a Comeback

Innovative mortgage products. Remember those?

Read More

Here's How Much Home Canada's 'Peak Millennials' Can Afford

A down payment on an "affordable" Toronto condo could buy you a whole house in the Maritimes.

Read More

Tories pledge to boost mortgage repayment periods for first-time buyers

Conservative Leader Andrew Scheer said a Tory government would review the mortgage stress test and expand repayment periods, proposals that would partly reverse Ottawa’s efforts to discourage homebuyers from taking on too much debt. Mortgage brokers warned that Mr. Scheer’s plan could push housing prices higher, if consumers used their expanded purchasing power to buy more expensive homes.

Read More

CURRENT RATES

CURRENT RATES
Term Our Rate Bank Rate
2 YEAR 3.94% 3.74%
3 YEAR 4.14% 4.59%
15 Jun 2022


*Special conditions apply. Interest rates are provided for information purposes only and are subject to change without notice.

Contact Me Today!