When we say we work for you, we mean it. Your Mortgage Centre Mortgage Associate will do all the work of mortgage shopping for you, so you can concentrate on making your move go smoothly. We’ll meet to discuss your needs when and where you like—or handle everything over the phone, if you prefer. We’ll take the time to explain all the steps and terms in plain English to make sure you’re completely comfortable. Then we’ll shop your mortgage to Canada’s leading lenders who compete for the opportunity of funding your mortgage.
Because we don’t work for the lenders, we have virtually unlimited access to leading financial institutions from across Canada (click here to see our Mortgage Market Lenders). This guarantees you a huge range of mortgage options to choose from, so finding one that fits your needs precisely is easy. And as independent local business people, we won’t lead you in any one direction. We’ll offer expert, unbiased advice so you can feel confident you’re getting the best-available rate and features.
The Bank carries out monetary policy by influencing short-term interest rates. It does this by raising and lowering the target for the overnight rate.
The overnight rate is the interest rate at which major financial institutions borrow and lend one-day (or "overnight") funds among themselves; the Bank sets a target level for that rate. This target for the overnight rate is often referred to as the Bank's key interest rate or key policy rate. Learn More