9 July 2014

“In the same time, Canadians reported faster pace of non-mortgage borrowing for the sixth month in a row, following a low cycle when we saw 1.2% growth in November 2013,” – the report adds. “May showed 2.2% year-over-year increase, which is 0.2% higher than in April and the largest growth in 12 months.”

We want to remind you that July is a month to do refinancing of your existing mortgage and not only get rock-bottom low interest rates and consolidate high-interest debt , but to save on legal fees, which we will reimburse on most refinancing transaction during this Summer!