Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News
An inside look at how your loans — and spending — affect your credit score Apr 6th
Having a variety of loans could help strengthen your credit score — or harm it, depending on your spending and payment history. But a credit card, car loan and mortgage work differently, making it hard to know how to improve your number..... More »
Understanding mortgage affordability Feb 18th
Let’s talk about mortgage affordability. We know that housing affordability is getting further out of reach for many Canadians. But, what determines mortgage affordability? How is it calculated by financial institutions and lenders? And what hidden costs should potential home buyers fact.... More »
Mortgage up for renewal? Read this first + MORE May 9th
New mortgage rules and higher interest rates may make it more difficult for you to renew your mortgage..... More »
Bond Yields Are Rising. Are Fixed Mortgage Rates Next? + MORE Sep 29th
Some of Canada's Big 6 banks made headlines last week by lowering fixed mortgage rates, but might they soon have to pull a U-turn?.... More »
This millennial left her job to go back to school, but scholarships have left her with no debt. Can she afford a GTA home? Jul 28th
“I do eventually want to buy a home, but the housing market in the GTA is intimidating to say the least, and I’m not so committed to home ownership that I’ll tie myself down to an unmanageable mortgage,” Maggie said..... More »
Tango Financial Becomes Latest Mega-Brokerage
– canadianmortgagetrends.com
The trend of consolidation in Canada’s mortgage industry continues. Tango Financial is the latest mega-brokerage. The company is an amalgamation of Paragon Mortgage Inc., Premiere Mortgage Centre and Compass Mortgage Group, which announced a merger agreement last week. The three firms will remain autonomous under the umbrella of Tango, with Don MacVicar of Premiere Mortgage […]
What to expect from rising interest rates
– thestar.com
Is now the time to lock in your mortgage? Here’s what to look for when it comes to debt and saving.
