5 Year Fixed 2.99%

5 Year Variable 2.40%

Current Mortgage News

After years of warnings that ultra-low interest rates can't last forever, the Bank of Canada finally raised its key overnight rate. What does this mean for your finances?

With the Bank of Canada expected to announce a rate increase, the first in over seven years - Frank Napolitano appears on CTV News Ottawa to discuss the potential implications this may have on Canadians who hold various loans.

Are you a first time home-buyer unsure whether a condo or freehold townhouse is a better choice for you? CTV Morning Live's Henry Burris & Mortgage Brokers Ottawa's Frank Napolitano discuss the pros and cons of condos & freehold town homes. Are you looking for a low upkeep home? Or perhaps having more freedom and flexibility on renovations is something that is more attractive to you. Watch the full segment on CTV Morning Live: Mortgage Minute!

Purchasing a home is a big responsibility. Saving the funds for down payment requires discipline! Here are a few tried and tested ways you can begin saving for a down payment!

Industry experts are speculating a rate hike announcement from the Bank of Canada as early as July - for Canadians who fear rising interest rates, it may be time to consider locking in your mortgage rate!

Frank Napolitano discusses the differences between a traditional mortgage and construction mortgages.

Frank Napolitano discusses the potential implications flood damage can have on your home when it comes time to refinance your mortgage!

Steve, Paul & Frank are back for another podcast, answering all of your real estate and mortgage questions!

When paying off a mortgage as fast as possible is often a point of pride, many wealthy individuals don't consider it the smartest thing to do.

The Bank of Canada held its trendsetting interest rate unchanged on Wednesday, despite a recent run of stronger-than-expected data, saying it believes the economy has yet to show it can stick to the higher growth trajectory.

Ottawa tightened mortgage rules in October and the one requirement that has disrupted the lending world is the stipulation that consumers qualify based on the Bank of Canada posted rate for a five-year fixed-rate mortgage.

With how easy it is to borrow money these days and the lack of financial education - credit cards, payday and auto loans are contributing to the high debt load millennials have to carry with them by the time they are ready to buy a home.