Canadian Maple Leaf Licensing Info: Alberta Mortgage #MW-0511205,
FSCO (Ontario) #10315,
Saskatchewan Mortgage #315872, and all other provinces.
 
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GLOSSARY

Canadian Financial, Real Estate and Mortgage Glossary

zero balanceDefinition
What shows on a credit card customer's bill when the outstanding balance has been paid and no new charges have been incurred during the billing cycle.
zero balance transfer (ZBT) — Acronym
In order to get your business, banks will offer a zero interest rate credit card for a limited when you transfer over your balance.
zero down mortgageDefinition
A mortgage product that allows the borrower to financing 100% of their property.
zero economic growth (ZEG) — Acronym
zero lower bound (ZLB) — Acronym
  ➥  In relation to monetary policy.
zero-base budgeting (ZBB) — Acronym
zero-interest rate policy (ZIRP) — Acronym
A macroeconomic term describing conditions in which countries exhibit no or very slow economic growth with a very low interest rate.
zoningDefinition
Areas within a city limits in which certain types of land uses are allowed. For example, a zoning ordinance might permit houses but not factories in a neighbourhood.

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Notable Terms

Amazing Mortgage Calculator
Interested in how different interest rates can affect what kind of mortgage you can qualify for? Mix and match rates and terms with our totally awesome mortgage calculator to determine what type of mortgage loan is best for you.
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Mortgage Rates
Competition keeps the banks on their toes. If the banks had it their way, mortgage brokers simply wouldn't exist, and they could keep their rates high. Don't let the banks rest on their laurels; apply today and get a great mortgage rate.
Mortgage Rates
 
Mortgage Rate History
Rates are at historic lows. Want to see how the prime and mortgage rates have changed over the last ten years? Find more information with our mortgage rate history tables and graphs.
Mortgage Rates History