by Tribe Financial | Oct 9, 2020 | Blog, Economy, Finance, Homeownership
Often times, when you buy a property, there’s a gap between your home’s closing date and the day in which your lender withdraws your first mortgage payment from your bank account. During those in-between days, interest is accumulated on the money you owe, and a...
by Tribe Financial | Oct 2, 2020 | Announcements, Blog, Economy, Homeownership
In the simplest of times, debt has a way of creeping up and quickly causing grief in our everyday lives, not to mention the havoc it can wreak during a pandemic, creating extra stress and uncertainty. A debt consolidation mortgage is an affordable way to pay...
by Tribe Financial | Sep 25, 2020 | Blog, Economy, Finance, Homeownership, Productivity
The arrival of COVID-19 has fundamentally changed the way we live our lives – from the way we work, think, dress, shop and interact with others. As a society, we’re also spending more time in our homes than ever before. The days of leaving the house from 9 to 5,...
by Tribe Financial | Sep 18, 2020 | Blog, Homeownership, Mortgage
One of the most challenging obstacles to homeownership is saving enough money for a down payment. Thankfully, mortgage default insurance provides a break to homebuyers that enables you to put less money down. The minimum down payment required to purchase a...
by Tribe Financial | Sep 9, 2020 | Announcements, Economy, Finance
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank is also continuing its quantitative easing (QE) program, with...
