Interested in learning more about property mortgages in Canada? Look no further!
Latest News
You bought a home—should life insurance be next? + MORE May 9th
Buying a home is one of the biggest financial milestones for young Canadians, and one of the riskiest. For many households, a mortgage becomes the single largest expense they’ll ever take on, often requiring two incomes to keep it manageable.
That reality is driving more homeowners to buy life .... More »
Mortgage market braces for impact as one million renewals loom and defaults climb + MORE Mar 16th
Canada’s mortgage market is rebounding, with new originations up 39% year-over-year, according to Equifax’s latest Q4 Consumer Trends report..... More »
Scotiabank hits “inflection point” with successful multi-product mortgage strategy + MORE Sep 1st
Deposit growth strategy pays off as Scotiabank strengthens customer relationships amid mortgage volume dip.... More »
The latest in mortgage news: National Bank among first to offer First Home Savings Account Apr 19th
National Bank has become one of the first of the big banks to make the new First Home Savings Account (FHSA) available to its clients..... More »
Clock ticking for Ontario mortgage brokers to complete required training + MORE Feb 13th
More than 17,000 agents and brokers must log mandatory training hours — including a new professional development requirement — with FSRA by March 31 to renew their licences..... More »
An innovative new company will pay up to 75% of the down payment on your home — but there’s a big catch
– thestar.com
Ourboro will contribute up to 15 per cent of a home’s purchase price in return for a chunk of home equity. It’s an interesting idea, with some hefty trade-offs.What you need to know about FSRA’s new licensing requirements for private mortgages
– canadianmortgagetrends.com
New licensing categories are now in effect for all Ontario brokers and agents starting in April.
Locking in or not depends on many factors, experts say, including whether the penalties for breaking a current mortgage make sense and if you think rates are going up or down.
