Source: The Canadian Press Staff, ctvnews.ca, December 05, 2020 The rate represents a discount of 1.46 per cent on HSBC’s current prime rate of 2.45 per cent. How would you like a mortgage with an interest rate of less than one per cent? That’s what HSBC, Canada’s seventh-largest bank by assets, is now advertising. The… Continue reading HSBC’s Mortgage Rate of Less Than 1% Now Available in Canada
Tag: mortage
Thinking about deferring your mortgage? It may cost you in the long run
Source: Pattie Lovett-Reid, bnnbloomberg.ca, March 25, 2020 A mortgage deferral may be the lifeline you may need during a financial crisis, but ensure your questions are answered first. A word of caution before you defer your mortgage payments amid the COVID-19 pandemic: it will cost you in the long run. Remember, a deferral isn’t mortgage… Continue reading Thinking about deferring your mortgage? It may cost you in the long run