Canadian Financial, Real Estate and Mortgage Glossary

qualified high deductible health plan (QHDHP) — Acronym
qualified joint and survivor annuity (QJSA) — Acronym
qualified small business corporation (QSBC) — Acronym
qualifying eventDefinition
An event that qualifies for insurance coverage.
qualifying life event (QLE) — Acronym, Very Important
  ➥  An event where you apply or change an insurance policy due to marriage, new dependants or employment status.
qualifying rateDefinition
The mortgage rate that one must qualify for when applying for a variable rate or a term less than 5 years, so that if rates increase, the borrower can continue to make payments.
qualifying ratiosDefinition
As calculated by lenders, the percentage of income that is spent on housing debt and combined household debt. The first qualifying ratio, called the gross debt service or GDS is up to and including a maximum of 32% of the combined gross family income. The second qualifying ratio is the Total debt service or TDS is up to and including 40% of gross income.
quality service certified (QSC) — Acronym
quality-adjusted life year (QUALY) — Acronym
quantum meruitDefinition
Used in contract law it means "reasonable value of services."
Quebec Federation of Real Estate Boards (QFREB) — Company Est.1994, Quebec, Canada
quick assets (QA)Definition
Assets that can be liquefied quickly without a loss.
quick closing (QC) — Acronym
quick liquidity ratioDefinition
A metric used to find if a company has enough liquidity to make it's short term financial obligations.

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Who has the Best Mortgage Rate?
There are well over a hundred mortgage lenders in Canada competing for your business. Wouldn't it be nice to know who's got the best mortgage rates in Canada? Whether you want flexibility or rock-bottom rates, we will make sure you get what you need.
Canadian Mortgage Rates
Mortgage Rate History
Interested in seeing see how variable rate mortgages measure up to fixed rate mortgages? Our mortgage rates history report will show you what you need to know. Look back up to ten years to see how rates have changed over time.
Mortgage Rates Up
Credit Card Points Calculator
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Credit Card Points Calculator