Obtaining a mortgage or secured line of credit in Canada at the best rates is often a daunting task. We can help! Read the articles below for more info.
Latest News
Inflation holds steady at 1.7% in May Jun 26th
May inflation figures showed marginal improvements in some of the Bank of Canada’s closely watched price figures—a step in the right direction, some economists say, but likely not enough to convince the central bank to cut interest rates.
The annual pace of inflation held steady at 1.7% in Ma.... More »
Contribute to RRSP or pay off mortgage? + MORE Oct 14th
Ask MoneySense
We have a small mortgage, only $80,000, coming up for renewal. We have some money (approximately $25,000) that we can either put on the mortgage or invest or put into our RRSP. What is the best way to go?
—Linda
Which should Canadians prioritize: RRSP or mortgage?
Most of .... More »
The Run Down on Reverse Mortgages: What Are They and Why Do Home Owners Get Them? + MORE Jun 17th
Although it may seem like a complicated or paradoxical concept, the features that make up a reverse mortgage are rather simple. A reverse mortgage is a home equity product that allows home owners aged 55 years and older to access up to 55 per cent of the value in their home.
Home owners can choose .... More »
OSFI says mortgage payment shock poses a key risk to Canada’s financial system May 24th
Canada's banking regulator says high borrowing costs and a wave of expected renewals pose a key risk to Canada's financial system..... More »
RBC warns of rising mortgage losses through 2025 with upcoming renewals + MORE Sep 4th
BoC rate cuts will ease pressure, but mortgage renewal shocks still loom, RBC says.... More »
Mortgage Career – Merix Financial
– canadianmortgagetrends.com
Company: Merix Financial Position: Personal Account Manager / Residential Mortgage Underwriter (Commission Based) Location: Home-based (BC and ON) Apply to: Jill Paish at jill.paish@merixfinancial.com Personal Account Manager / Residential Mortgage Underwriter (Commission Based) Job Description: Provide residential loan recommendations, quick and accurate credit decisions and thorough follow through on the required documentation Responsible for hitting and exceeding monthly sales targets satisfactory audit results while also driving a high level of pipeline activity that both maintain existing volumes while also creating new growth opportunities. Develop and maintain strong meaningful working relationships with Mortgage Originators and prospective clients Represent Merix in a READ MORE
Mortgage Career: Merix Financial
– canadianmortgagetrends.com
Company: Merix Financial Position: Director, Business Development (Outside Sales) (2 positions) Location: Vancouver, BC and Calgary, AB Apply to: Larry Perko at larry.perko@merixfinancial.com Director, Business Development (Outside Sales) Job Description: Meet and exceed assigned sales targets Develop and implement plans and strategies to maintain existing volumes and create new growth for Merix Financial. Promote the MERIX Brands, products, and value propositions to Originators Deepen existing relationships and establish new relationships with mortgage originators in your target market. Maintain day to day operational issues, including contact management, proactive account management, and issue resolution. Maintain current knowledge of competitor and industry activity READ MORE
Mortgage Career: Merix Financial
– canadianmortgagetrends.com
Company: Merix Financial Position: Marketing and Communications Specialist Location: Toronto, ON Apply to: Jill Paish at jill.paish@merixfinancial.com Marketing and Communications Specialist Job Description: Write, edit and distribute various communications material, but not limited to interest rate changes, news items applicable to the industry (internal and external), and regular updates for our originators, through email and social media. Assist in on-going marketing and communications for: Mortgage Originators and borrowers (existing MERIX customers and future potential customers) Measure the impact of social media on the overall marketing effort & establish performance metrics and benchmarks (web analytics, competitive research and customer insight). Updates, READ MORE
Foreign investing in Montreal real estate is small: CMHC
– moneysense.ca
A report by the Canada Mortgage and Housing Corp. says the number of foreign investors in the Montreal area real estate market is small and concentrated in condominiums in the city’s downtown core.
The report by the federal agency found that 1.3% of condominiums in the greater Montreal area were owned by foreigners last year, but that rose to 4.9% in the city’s downtown.
Why do rich people invest in real estate? »
The CMHC says the United States and France were the top countries for foreign buyers. Overall, 0.9% of residential property purchases in the Montreal area were made by foreign investors last year—compared with an annual average of 0.4% from 2005 to 2013.
The issue of foreign ownership has been a key issue raised in Vancouver and Toronto where money coming from outside the country has been cited as a factor in driving up real estate prices in those cities.
8 factors that really mess up Vancouver’s real estate prices »
A report by CMHC earlier this year found foreign ownership in the Toronto and Vancouver condo markets stood at 3…
The report by the federal agency found that 1.3% of condominiums in the greater Montreal area were owned by foreigners last year, but that rose to 4.9% in the city’s downtown.
Why do rich people invest in real estate? »
The CMHC says the United States and France were the top countries for foreign buyers. Overall, 0.9% of residential property purchases in the Montreal area were made by foreign investors last year—compared with an annual average of 0.4% from 2005 to 2013.
The issue of foreign ownership has been a key issue raised in Vancouver and Toronto where money coming from outside the country has been cited as a factor in driving up real estate prices in those cities.
8 factors that really mess up Vancouver’s real estate prices »
A report by CMHC earlier this year found foreign ownership in the Toronto and Vancouver condo markets stood at 3…
Mortgage Career: Invis and Mortgage Intelligence
– canadianmortgagetrends.com
Company: Invis and Mortgage Intelligence Position: Jr. Compliance Officer Location: Mississauga, ON Apply to: hr@invismi.ca Manager, Marketing Be Bold! National brokerage firms Invis and Mortgage Intelligence are the professional home for mortgage brokers adhering to the highest industry standards. Our exceptional suite of bold resources help our brokers run their day-to-day businesses, earn more income, and offer the marketing and customer relationship management programs needed to build volume. Our exclusive and best-selling Partner Mortgage differentiates our brokers in today’s rapidly evolving marketplace. Our wide-ranging insurance programs go beyond creditor insurance to increase and diversify their income. Our national conference provides READ MORE
