B.C. home sales struggle in May as mortgage rates rise and labour market stays weak + MORE Jun 14th

Obtaining a mortgage or secured line of credit in Canada at the best rates is often a daunting task. We can help! Read the articles below for more info.

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Reverse mortgages were at one time considered the Wild West of financial products, associated with aggressive and even predatory sales tactics targeting seniors in the United States. .... More »

Nearly 60% of new CMHC-insured mortgage volume has longer amortizations Sep 3rd

Mortgages amortized over more than 25 years accounted for 58.6% of new insured homeowner volume in Q2, down slightly from Q1 but well above year-ago levels..... More »

Rent or buy: When does homeownership actually make financial sense? + MORE Sep 18th

Should you rent or buy? Buying your own home is often viewed as a major financial milestone. But the financial case for owning a home isn’t as simple as “mortgage payment versus rent.” Homeownership can build equity and provide long-term housing stability, but elevated home prices a.... More »

Haventree Bank launches direct-to-consumer digital bank + MORE Jul 8th

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CMHC reports annual rate of housing starts in June down six per cent from May + MORE Jul 17th

Canada Mortgage and Housing Corp. says the annual pace of housing starts in June fell six per cent compared with May..... More »

Mortgage borrowing slows as household debt burden keeps rising

– canadianmortgagetrends.com

Canadians added mortgage debt at the slowest pace in two years in the first quarter, even as overall household leverage and debt payments continued to climb, new Statistics Canada data shows.