Preparing for the next wave of renewals: Manulife’s unique solutions + MORE Apr 24th

Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.

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Being unable to have a child naturally can be extremely difficult. But when you factor in the high costs of fertility treatments, the range of individual circumstances and the fact that the industry itself is secretive about fees, it can make the whole ordeal even more devastating and hard to plan f.... More »

Making sense of the markets this week: June 23, 2024 + MORE Jun 23rd

Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors. We’re building more houses—and prices are down! On Monday, the Canada Mortgage and Housing Corporation announce.... More »

Bank CEOs see mortgage risk easing as attention turns to political uncertainty + MORE Jan 8th

The heads of Canada's biggest banks are finally seeing risks around mortgage renewals easing, only for worries about tariffs and political uncertainty to take their place..... More »

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Preparing for the next wave of renewals: Manulife’s unique solutions

– canadianmortgagetrends.com

The mortgage industry is in the midst of a transition in Canada, and Manulife is ready to evolve with it.

Continue Reading On canadianmortgagetrends.com »

Equifax Canada testing use of rental payment data for credit scores

– moneysense.ca

Equifax Canada is exploring how rent data could factor in to credit scores to help make credit and financial services accessible to more people.

The agency said it has been testing small volumes of rental payment data to assess its suitability.

An Equifax study found that including “alternative data” could establish or enhance the credit scores for millions of Canadians.

“Equifax Canada has been leading the way and has been modelling how rental payments, just like mortgage payments, can help build a credit score,” Equifax Canada president and CEO Sue Hutchison said in a news release.

“This is so important for young Canadian consumers, new Canadians and other underserved consumers.”

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Earn 5 times the points on groceries and restaurants in Canada, and pay no forex fees when abroad. Plus get an $80 gift card upon approval…

Continue Reading On moneysense.ca »

Getting a great mortgage in Canada can be tricky – let us help! Visit our Canadian Mortgage page for the latest rates and articles.

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