Nothing says commitment like a mortgage + MORE Nov 30th

Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.

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Making sense of the Bank of Canada interest rate decision on July 30, 2025 + MORE Aug 1st

There’s little change on the horizon for interest rates, as the Bank of Canada further entrenches into a holding pattern. The central bank chose to hold its trend-setting overnight lending rate—which is used by lenders to set their prime rates, and by extension, variable mortgage rates—at 2.75.... More »

Reverse mortgages are cheaper than ever. Should you use one to tap into your home’s equity? + MORE Feb 25th

A reverse mortgage allows you to tap into the rising value of your home without selling it, writes David Aston. But watch out for the penalties and fees..... More »

CIBC sees “no areas of concern” as 100,000 mortgage clients renewed at higher rates so far this year + MORE Sep 14th

CIBC reports that its mortgage clients are so far managing to absorb the payment shocks as their mortgages come up for renewal at higher rates..... More »

Thinking of a private mortgage? Here’s what lenders want to see + MORE May 9th

Private mortgages continue to play an important role in today’s Canadian housing market, especially as traditional lending guidelines tighten. Yet many borrowers are surprised to learn that private lenders don’t simply look at one or two factors — they assess a wide range of details that can m.... More »

Canadian real estate market outlook 2018 Jan 8th

Romana King is an award-winning personal finance writer, a real estate expert and speaker. She is the current Director of Content at Zolo.ca There’s never a dull day in real estate. Last year started off with a big nervous question: Will the Canadian housing market crash? In 2018, the new year.... More »

Mortgage Career: Verico Homeguard Funding Ltd.

– canadianmortgagetrends.com

Company: Verico Homeguard Funding Ltd. Position: Mortgage Underwriter (Full time, salary + bonus) Location: Newmarket, ON Apply to: info@homeguardfunding.com Mortgage Underwriter (Full time, salary + bonus incentive) Experience Required: 2 years+ experience in the mortgage industry, willing to train the right candidate Licences Required: Agent Licence considered an asset but not required The underwriter will be responsible for: Packaging applications originated by brokers and agents to our lender partners Preparing deal paperwork Reviewing loan documentation Working with clients, lenders and lawyers to ensure the timely closing of mortgage transactions Homeguard Funding Ltd. is a very well established and READ MORE

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Nothing says commitment like a mortgage

– moneysense.ca

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You can get married, but if you really want to to make a commitment to one another, take on a mortgage.
That’s because a mortgage is a commitment that survives, even if both of you don’t. Sounds a bit morbid but couples need to consider what happens should one of you die. If this were to happen, the surviving spouse would still be responsible for paying the mortgage. Yet, most couples base their mortgage payments on two incomes—and this can create a real problem should only one of you survive to pay the bills.
To help mitigate the risks of too many bills and not enough money, consider life insurance. To help you sift through the options, Bruce Sellery offers some insight.
Ask a Real Estate Expert: Ask our experts your property or real estate question »
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What’s New With Lenders & Suppliers

– canadianmortgagetrends.com

Mortgage Professionals Canada’s National Conference has wrapped up in Vancouver. It’s the nation’s largest gathering of mortgage brokers and lenders. One of the best MPC events is perennially the Expo. It’s kind of like Christmas for mortgage brokers because you always discover new products and services to improve your revenue. On that note, here’s some of the news we heard on the show floor: B2B Bank: Is now the only national lender left who still offers a 35-year amortization. Bridgewater Bank: Is reportedly considering re-entering the prime lending market. Eclipse: Is one of the only B-lenders with its own MIC; it’s doing 85% LTV bundles again. Home Trust: Will be announcing a new READ MORE

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