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Welcome to Best Mortgages Latest Mortgage News Blog

When it comes time to make a decision about your Vancouver mortgage you often need to find out a little bit more about what is happening with interest rates, mortgage options and how the current economy might impact on your mortgage.

One this page you will find the ten most recent posts to our mortgage blog. Each post will take you to the blog and you can explore other posts that incude comments on the Vancouver real estate market as well.

- The MPRO Mortgage Architects Team

Daily financial update September 2, 2010

Thu, 02 Sep 2010 15:54:58 +0000
The US markets enjoyed a monster day yesterday with the S&P and Dow climbing close to 3% and the number of stocks advancing leading those declining by a massive nine-to-one margin. The TSX got stuck at the 12,000 level, closing just a hair north of the mark, but has blown through it this morning with [...]

Daily financial update September 1, 2010

Wed, 01 Sep 2010 16:07:48 +0000
Watching markets open this morning was a bit like catching a two-year-old with a handful of applesauce; knowing you’re just moments away from seeing it launched at the ceiling. The 12,000 mark is proving to be a formidable force as the Canadian index hit that level within the first 30 seconds of trading and has [...]

Daily financial update August 31, 2010

Tue, 31 Aug 2010 16:08:19 +0000
The TSX is advancing for the fifth consecutive day and once again the gains are broadly based. The financial sector is climbing despite Scotia’s narrow miss in their quarterly earnings report. TD will play the role of anchorman as the last bank to report this Thursday. The materials sector is exceptionally strong with gold approaching [...]

Daily financial update August 26th, 2010

Thu, 26 Aug 2010 15:32:46 +0000
Equities rallied through the close yesterday despite the downbeat economic tone as recent selling pressure runs out of steam. A reversal of sorts in the steady stream of negative data has markets in a good mood this morning. Initial jobless claims fell last week for the first time in a month, easing concern that the [...]

Daily financial update August 23, 2010

Mon, 23 Aug 2010 17:56:09 +0000
Markets are starting the week on the same path as last week with a small decline in US benchmarks and gains in Canada. The TSX climbed close to 2% last week, with half of the gain attributable to BHP’s hostile bid for Canadian fertilizer giant Potash Corp. Potash hit a new 52-week high again this [...]

Daily financial update July 27, 2010

Tue, 27 Jul 2010 16:29:58 +0000
A decline in the price of gold is dragging the TSX lower this morning, while US stocks are being buoyed by the continuing parade of positive earnings. Companies such as DuPont, Lockheed Martin and Lexmark reported better than expected profits before the open, following on the heels of European banking giants UBS and Deutsche Bank [...]

Daily financial update July 20, 2010

Tue, 20 Jul 2010 16:27:21 +0000
Materials and Energy are leading the TSX index higher this morning, while US markets are rather soft after a series of misses on the quarterly revenue front. Last nights results from IBM and Texas Instruments failed to inspire as both showed decent profit growth but lower than expected revenues, followed by lacklustre results from Goldman [...]

Find the right mortgage!

Wed, 07 Jul 2010 03:25:51 +0000
If you are looking for a mortgage in Canada you are probably looking at different websites hoping to get a better idea of what to do. Many of the sites that come up when you search for mortgages in Canada are run by someone looking to have you secure your mortgage through them. It could [...]

Five year fixed rate mortgage for 4.19%

Fri, 25 Jun 2010 15:58:27 +0000
myNext mortgage is now offering a five year fixed term mortgage at 4.19% for high ratio insured mortgages. This mortgage provides a rate hold of 90 days and has good pre-payment options. myNext mortgages are available through Mortgage Architects planners and brokers at Mortgagebrokers.com. If you have any questions about your Vancouver mortgage or if [...]

Are interest rates expected to go up in 2010?

Tue, 22 Jun 2010 04:47:16 +0000
As most of you have already heard the Bank of Canada did increase interest rates in June. This came as no surprise as it was expected by most analysts that the would do so. What may have been a bit surprising were the comments made . From the tone of the message it almost came [...]