Category: Home Ownership

Mortgage Myths

Mortgage Myths

You have been hearing it for ages now it’s a great time to build your home! Still, you may be hesitant because of some common myths related to home ownership. After demystifying these myths, you may learn you are better prepared to build your home than you thought.

How much of a Mortgage can I afford?

How much of a Mortgage can I afford?

Instead of asking yourself “How much could I borrow?” while considering a new house purchase or home construction, ask yourself “How much should I borrow?” It’s crucial to note the difference. This strategy focuses on the loan amount that matches your budget rather than the biggest loan amount you might be able to acquire from a mortgage.

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Daily Rates

INTEREST RATES
12 to 24 Month CD $5,000 to $500,000: 2.05% Above $500,000: 2.05%
36 to 48 Month CD $5,000 to $500,000: 2.10% Above $500,000: 2.25%
Savings  2.0%

Updated October 22ND 2019

CURABRBCBDSELL
USUSD2.67002.68822.7169
UKGBP3.3166

3.4346

3.6276

EUEUR

2.8471

2.9131

3.1331

CADCAD1.95071.9757

2.1467

BDSBDS1.34321.34321.3568
TTDTTD0.4381
* Rates are provided for information purposes only and are subject to change.

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