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Latest News
Why mortgage brokers should know prepayment penalty calculations inside and out Mar 20th
All mortgage brokers should have a comfortable working knowledge of how prepayment penalties are calculated and applied. .... More »
Should You Refinance Your Mortgage? + MORE Feb 18th
A recent study by NerdWallet using mortgage data by Black Knight Financial Services found that Americans are wasting as much as $13 billion per year because they aren’t refinancing their mortgages.
The study, which identified over 5.2 million homeowners who had good credit and at least 20 per cen.... More »
Most millennials consider home ownership important, says poll + MORE Mar 25th
TORONTO – A new poll by CIBC (TSX:CM) suggests home ownership is just as important to millennials as it is to most Canadians.
The survey shows 86 per cent of millennials view home ownership as important even though 42 per cent of them are renting and 21 per cent live with their parents.
Overal.... More »
The latest in mortgage news: record population growth to keep upward pressure on home prices + MORE Jul 21st
Canada's expected population growth will worsen the already limited housing supply and result in even higher home prices, according to a new report.... More »
How to protect yourself from identity fraud in Canada + MORE Dec 15th
In 2024, Canadians lost a jaw-dropping $638 million to fraud, according to the Canadian Anti-Fraud Centre (CAFC). That’s already a hefty $60 million more than losses reported the previous year, but the true total is likely much, much higher—experts at the CAFC say that less than 5% of scams are .... More »
BLOGGED: Spotlight on Mortgages: June 7, 2013 http://t.co/hIadWelxbY
— RateSupermarket.ca (@RateSupermarket) June 7, 2013
BMO settles $70 million lawsuit over mortgage scam: http://t.co/PVLuKHe1bU
— RateSupermarket.ca (@RateSupermarket) June 6, 2013
Mortgage Career of the Week
– canadianmortgagetrends.com
Company: Home Trust Company Position Title: Mortgage Officer Previous Experience Required: 2-5 years+ Licences or Registrations Required: No licences required. University degree or equivalent experience required Location of Position: Halifax,…
TD & RBC Sharpen Their Public 5-Year Rates
– canadianmortgagetrends.com
We could be in for a slow summer in the mortgage market, thanks to housing moderation and mortgage rule tightening over the last 12 months. This may have contributed to…
One of Canada’s biggest mortgage lenders says many of its rates are going up Monday.
