Ridgemont Lending Group

07/07/2020

Announcing the new website
We’re pleased to announce the launch of our new website. Do visit us on https://www.ridgemontlending.com/

06/25/2020

How Much Have Mortgage Rates Fallen Since the Pandemic Began?
https://bit.ly/2LLRTFL

It’s hard to find a positive side to a coronavirus pandemic that’s devastated lives and economies around the world.

06/18/2020

The Coronavirus Crisis and Mortgage Payment Deferrals
https://bit.ly/2z50aC0

While government programs and moprtgage payment deferrals are options, there are others worth exploring. Read on to get the full picture.

06/11/2020

Big Banks Announce Mortgage Deferral Relief for Homeowners
https://bit.ly/2QDH4Zg

Canada’s big banks announced this week that those struggling due to the COVID-19 crisis will be able to defer their mortgage payments for up to six months.

06/04/2020

Refinancing your mortgage during the coronavirus pandemic
https://yhoo.it/2WgpC06

A string of interest rate cuts by the Bank of Canada to help offset economic shocks from the coronavirus pandemic have made variable mortgage rates more enticing.

05/28/2020

Major lenders begin to cut fixed mortgage rates
https://tgam.ca/2KoDUVH

TD brought its five-year fixed rate down to 3.09 per cent from 3.24 per cent this week, and several other major lenders have also reduced rates

05/21/2020

Refinance your mortgage as a cushion against the unknown
https://bit.ly/3bzeG2A

Refinancing your mortgage to take advantage of a lower interest rate could be a good hedge against an uncertain future.“The goal of refinancing is to put you in a better place,” says Ro…

05/14/2020

Canadian banks pause payments on 10% of mortgages as they field 500,000 requests for deferrals
https://bit.ly/3auslXk

Borrowers have been flooding phone lines with thousands of calls seeking assistance or information

05/07/2020

COVID-19: Understanding Mortgage Payment Deferral
https://bit.ly/3cmOwA2

04/28/2020

CMHC to take more mortgages off banks books to free up cash for loans amid COVID-19 crisis
https://bit.ly/3au8f0n

The Canada Mortgage and Housing Corporation is expanding the number of insured mortgages it is willing to buy from banks to the banks have more freedom to lend out more money to consumers and businesses and keep the economy humming.

04/23/2020

Mortgage rates are rising in Canada despite virus-relief cuts
https://bit.ly/3bHcZzQ

Canada’s mortgage rates are creeping up -- even though the country’s central bank has slashed borrowing costs to combat the COVID-19 pandemic.

04/21/2020

Should you refinance your mortgage? Rates could plummet below 2%, experts say
https://bit.ly/39iZzbT

If you’re feeling strapped for cash, consider refinancing your mortgage at a lower rate — you could save thousands of dollars a year.