Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
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Special Incentives For Frontline Workers Jul 4th
The last year and a half has been challenging for many of us. But none have been more challenged than the brave frontline workers who put their lives at risk to save others. As a show of gratitude, many businesses have stepped up with discounts, free products, and other incentives. Unsurprisingly, m.... More »
Looking for a mortgage in B.C.? Don’t limit your options to the big banks Apr 6th
At last, interest rates are coming down again. For Canadians who are in the market for a new home, facing renewal of their mortgage in the foreseeable future, or feeling unsatisfied with their current home loan, this poses two choices: do you pounce now, or stay on the sidelines in the hope that rat.... More »
Mortgage expert alert: Will the Iran War and rising inflation offer a buying opportunity in 2026? + MORE Apr 9th
Escalating tensions in the Middle East have erupted into war between the US and Iran. Spiking oil prices from Strait of Hormuz blockages are already having an immediate, aggressive impact on your wallet, your household expenses, and crucially, your mortgage.
Historically, moments of extreme globa.... More »
Home prices won’t revert to pre-pandemic levels, should start rising again in 2024: CMHC + MORE May 4th
The Canada Mortgage and Housing Corporation (CMHC) expects home prices to reach a bottom this year, but aren't expected to fall below pre-pandemic levels..... More »
Benefits of Homeownership Reaffirmed in New Study Sep 18th
Despite deteriorating housing affordability across the country, buying a home is still the more affordable option when compared to renting. A new report from Mortgage Professionals Canada has determined that, despite the rapid rise in home price, those who are able to invest in a home would end up .... More »
Mortgage Career: ICICI Bank Canada
– canadianmortgagetrends.com
Company: ICICI Bank Canada Position: Business Development Manager (Vancouver & Lower Mainland, B.C.) Location: Vancouver & Lower Mainland, BC Send resume to: careersca@icicibank.com Business Development Manager (Vancouver & Lower Mainland, B.C.) Relevant Work Experience: 3+ years Company Overview: ICICI Bank Canada is a wholly-owned subsidiary of ICICI Bank Limited, which has its headquarters in Mumbai, India. ICICI Bank Limited is India’s largest private sector bank with consolidated total assets of US$135.3 billion as at December 31, 2015. Established in December 2003, we are a full-service direct bank in Canada with an asset base of about C$6.7 billion as at READ MORE
Three Big Mortgage Complaints
– canadianmortgagetrends.com
When it comes to complaints about banking products, mortgages are second only to credit cards. That’s according to the banking Ombudsman’s (OBSI’s) recently released annual report, which lists three of the most common grievances from mortgage customers. “We are seeing a lot of complaints related to mortgages…” Brigitte Boutin, Deputy Ombudsman, Banking Services said in the report. Those complaints revolve mainly around mortgages prepayment penalties and pre-approvals, but it seems that mortgage portability has also “become a bigger issue.” The Big One: Penalties The Ombudsman sees a constant stream of borrowers protesting their bank’s prepayment charges. Those complaints are usually READ MORE
