Mortgage Blog

Mortgage Blog2024-11-09T01:00:23+00:00

Lotus Loans and Mortgages Mississauga mortgage blog. Get the latest news on Canadian mortgages, mortgage brokers, and mortgage rates.

710, 2024

Fraction mortgage

By |October 7th, 2024|Categories: Uncategorized|Comments Off on Fraction mortgage

Unlock Your Home Equity with Fraction Mortgages A Lotus Loans and Mortgage, we are a Mortgage Brokerage in Mississauga, ON that is excited to share Fraction Mortgages—an innovative product that allows homeowners to access their [...]

2709, 2024

Exciting Positive Changes in the Mortgage Industry

By |September 27th, 2024|Categories: Uncategorized|Comments Off on Exciting Positive Changes in the Mortgage Industry

Exciting Positive Changes in the Mortgage Industry   The mortgage industry has seen a wave of positive changes recently, creating some fantastic opportunities for homebuyers and homeowners. Over the last two Bank of Canada meetings, [...]

2309, 2024

Mortgage insurance rule changes

By |September 23rd, 2024|Categories: Uncategorized|Comments Off on Mortgage insurance rule changes

A couple of significant changes were announced last week in the mortgage market. The insured mortgage limit is increasing from $1M to $1.5M million, so now when purchasing, borrowers can buy with less than 20% [...]

909, 2024

BoC meeting

By |September 9th, 2024|Categories: Uncategorized|Comments Off on BoC meeting

This past September 4th, I don’t think that anyone was surprised by the Bank of Canada’s (BoC’s) decision to cut Prime rate by another .25%, marking three consecutive meetings with a quarter-point interest rate cut. [...]

1608, 2024

Mortgage Renewals in Mississauga, ON

By |August 16th, 2024|Categories: Uncategorized|Comments Off on Mortgage Renewals in Mississauga, ON

In the near future, there are a large number of mortgage holders coming up for renewal. Part of the offer that our mortgage specialists in Mississauga, ON provide is simplifying the complex world of mortgages. [...]

Go to Top