My name is Michael Fortin, and I have created this website to provide you with a better understanding of the factors involved in your mortgage decision, and provide tools to make your mortgage experience simpler. Each individual’s circumstances are unique, and this website cannot cover every aspect of importance to you. Please feel free to contact me – at no charge – to discuss your personal circumstances. There is no commitment on your part, and all information is kept confidential.

Mortgage Rates – April 20, 2016

1 Year Fixed 2.29%
2 Year Fixed 2.19%
3 Year Fixed 2.34%
4 Year Fixed 2.49%
5 Year Fixed 2.59%
7 Year Fixed 3.44%
10 Year Fixed 3.84%
 5 Year Closed Variable 2.40% 
5 Year Fixed 2.49% / Promotion rate conditions apply
3 Year Closed Variable 2.25% / Promotion rate conditions apply

B.C. budget: New homes get transfer-tax cut

A B.C. budget move designed to open up the Vancouver housing market could stimulate homebuilding in Victoria and improve affordability for buyers. The province announced changes Tuesday to the property transfer tax, including an exemption from the tax when buying new homes worth up to $750,000. That change was designed to stimulate the supply side […]


Mortgage rules requiring 10% down on Canadian homes over $500K kick in today

Today is the first day you’ll need to put at least 10 per cent down on a home selling for more than $500,000 in Canada. The new mortgage rules, announced last December by Finance Minister Bill Morneau, are intended to keep housing prices affordable for anyone wishing to enter some of Canada’s hottest real estate markets, such as Toronto […]


Analysts predict price gains

(Reuters) – Canadian home prices are set to rise a little over 5 percent this year and 2 percent in 2016 despite a slowdown in activity as the economy weakens, a Reuters poll found. Canada’s economy shrank in the first three months of the year and quite possibly between April-June as well owing in part to slumping […]