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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

Is your mortgage tax deductible?

Fri, 30 Sep 2011 19:49:05 +0000
I have recently partnered up with the Tax Deductible Mortgage Plan or TDMP. I have always believed that part of the mortgage planning process should be to consider if it is possible to make your mortgage more tax efficient. For many clients the idea of having a tax deductible mortgage is appealing but [...]

Daily financial and mortgage update September 19, 2011

Tue, 20 Sep 2011 18:07:56 +0000
Markets are forging ahead this morning with broad based gains pushing every sector in the TSX into positive territory. There’s no hard data to point at, although promising comments from Greek and IMF officials as they continue their discussions are as good a reason as any. The headline report out of the US this morning [...]

Daily financial and mortgage update August 17, 2011

Wed, 17 Aug 2011 18:30:37 +0000
“Green” is the colour of the day as the steady stream of positive profit reports garners attention against a noticeable lack of negative economic data. Retailers continue to report robust earnings, with Staples and Target the latest to beat estimates and raise full-year forecasts. Deere also reported higher than expected profits on a 22% climb [...]

Daily financial and mortgage update July29, 2011

Fri, 29 Jul 2011 17:01:52 +0000
The focus this morning is (surprise, surprise) the continued negotiations, and more importantly the lack of progress, by US lawmakers to forge a credible long-term spending plan that will reduce the ongoing deficit while raising the current debt ceiling. The President took to the airwaves again this morning, urging American’s to keep the pressure on [...]

Daily financial and mortgage update July 26, 2011

Tue, 26 Jul 2011 17:04:04 +0000
North American markets slipped at the open as US lawmakers continue to spar over plans to address the countries deficit. President Obama took to prime-time TV last night to urge a compromise, while House Speaker Boehner continues to blame the Administration for blocking a workable deal. The two sides have come fairly close to an [...]

Daily financial and mortgage update July 20, 2011

Wed, 20 Jul 2011 17:45:29 +0000
North American markets are taking a pause this morning after yesterday’s rally that pushed the S&P500 to its biggest one-day gain in four months. Positive earnings reports sparked the fire, with fuel being added later in the day after President Obama endorsed deficit cutting plan outlined by a bi-partisan group of senators. Apple reported quarterly [...]

Daily financial and mortgage update July 15, 2011

Fri, 15 Jul 2011 18:24:43 +0000
For the third consecutive day we’ve witnessed a strong start to North American trading, only to have it fizzle as the day progresses. Positive profit reports and a wave of M&A activity boosted indexes at the open, but a soggy reading on US consumer confidence pared those gains shortly thereafter. Mining giant BHP Billiton made [...]

Updated interest rates

Wed, 13 Jul 2011 15:24:21 +0000
I’ve just updated the interest rates shown on my website. Variable rate mortgages are now n the 2.10% to 2.25% range and five year feixed term mortgages are in the 3.64% to 3.89% range. The Bank of Canada is scheduled to meet on July 19th but most analysts are predicting the Bank of Canada will [...]

Daily financial and mortgage update January 4, 2011

Tue, 04 Jan 2011 17:38:33 +0000
Markets around the world kicked off the New Year in much the same fashion that they finished 2010, with US and most European and Asian markets making strong gains yesterday. The TSX missed the party with yesterday’s holiday, and is having a hard time catching up this morning as gold takes a tumble. Every other [...]

Daily financial and mortgage update December 8, 2010

Wed, 08 Dec 2010 17:27:10 +0000
The winning streak for the TSX ended yesterday with a small decline as gold shares more than offset strength in other sectors. The weakness in gold has spread to other commodities this morning after China announced it will release its monthly barrage of economic data earlier than expected (this Saturday), raising concern that the move [...]