Categories for New Tools & Features

Equifax’s Upcoming Credit Score Change

Equifax Canada recently announced it was getting rid of the “Beacon” score, which lenders use to assess mortgage applicants. It’s replacing it with the “FICO” credit score. “The FICO Score has been a critical part of the lending process in Canada for nearly 30 years,” said FICO Canada’s Kevin Deveau in a press release. So we dug a little deeper...

Compare Monthly Payments – New!

It’s often helpful to know how much extra interest you’ll pay with a higher rate, a bigger mortgage, shorter compounding and/or a longer amortization. Now, the Spy makes that easy with an all-new monthly payment calculator. This tool lets you: Compare three different mortgages Instantly find the lowest cost option View interest cost over the term and amortization Check your balance at...

The Mortgage Rate Widget – New!

Mortgage rate widgets are no longer created equal. If you want to display mortgage rates on your website, do your visitors a service and display the best mortgage rates available. Only one mortgage rate widget in Canada makes that possible: RateSpy’s. Other rate widgets primarily show the lenders and brokers who pay to promote their rates. That does your visitors a...

Rate Espionage Pays!

Got a hot rate tip? The Spy buys rate Intel. The Top 2 rate tips of the month earn a crisp C-note! Here’s the fine print. The rate must be: A rate that is at least 5 basis points lower than the lowest rate currently advertised by RateSpy.com for that term A current rate offered by a lender (not a broker) and...

Custom Mortgage Rate Searches

Do you want to monitor specific types of mortgage rates? For example: Rates on 5-year fixed terms with 120-day rate holds? 10-year fixed rates from brokers in British Columbia? Variable rates, but only from banks and credit unions? RateSpy makes it easy to monitor specific rate groups like this. All you need to do is create a custom rate URL,...

New Feature: Email the Best Rates

You can now email the Top 10 rates you find to anyone you like. Simply click the “Email Rates” icon on the homepage and away you go. The rates emailed are based on the rate search criteria you set. This new feature is part of the Spy’s redesigned and simplified rate search controls. We hope you like!

Best Variable & 5-Year Fixed Rates – Dedicated Pages

The two most popular mortgage terms in Canada are the 5-year fixed and the variable. They account for the lion’s share of mortgage searches on RateSpy.com. For that reason, the Spy has two new dedicated rate pages: Best 5-year Fixed Mortgage Rates Best Variable Mortgage Rates

Mortgage Rate Comparison

Sometimes you want to quickly compare the best rates for several terms at once. For this purpose, we’ve created the rate comparison tool. First pick your province and the number of rates to display. The comparison page then returns every lender and broker serving that province. Quick tips: Click on any rate to make the Mortgage Intel window appear with...

Welcome to the Spy Blog

Mortgage blogs are a dime a dozen, so we’ll keep this one on point. Spy Blog will have two missions only: 1. Deliver essential elements of information on key rate related topics; and 2. Brief the community on the latest mortgage tools from RateSpy.com. If you have ideas for a rate topic you want analyzed, email us 24/7 at info...