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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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 »
Lessons From the 2018 Digital Mortgage Conference – Part I + MORE Sep 21st
“If you don’t view yourself as a technology company that does mortgages, you’re missing it.”—Bill Emerson, Vice Chairman, Quicken Loans That quote encapsulated this week’s third annual Digital Mortgage Conference in Las Vegas. To compete in the next decade, brokers and lenders wil.... More »
Is Rent to Own Housing Ever a Good Idea? Sep 17th
The majority of Canadians are homeowners, and many more want to buy, but not everyone can afford to do so. If you’re one of those who are looking to get into the market and don’t have enough money saved up yet or you currently have poor credit, there’s always the option to rent to own.
Unders.... More »
Juggling personal and workplace RRSPs Feb 15th
This family finds themselves juggling personal and workplace RRSPs (Photograph by Matt Ramage)
Q: My husband and I participate in workplace RRSP top-up programs, and we have an RRSP loan to maximize my husband’s RRSP contribution. We’re not sure if this is a good plan, especially considering we.... More »
The Mortgage Stress Test: What It Means If You’re Buying a Home Nov 3rd
It’s been almost a couple of years since the mortgage stress test came into effect. So, we thought it was the perfect time to revisit it and clear up any confusion. The mortgage stress test took effect January 1, 2018, affecting how much mortgage money Canadians are able to borrow towards.... More »
President's Choice Fin'l – 5 year Closed : 3.99% (0.2%)
– ratesupermarket.ca
President’s Choice Fin’l 5 year Closed mortgage rate was changed on August 26, 2013
President's Choice Fin'l – 7 year Closed : 4.29% (0.2%)
– ratesupermarket.ca
President’s Choice Fin’l 7 year Closed mortgage rate was changed on August 26, 2013
CMLS After 6 Months
– canadianmortgagetrends.com
Residential lending is furiously competitive. In the biggest provinces there are 50 to 100+ lenders (including credit unions) competing for your mortgage. So it’s noteworthy when a brand new lender…
Mortgage Career of the Week
– canadianmortgagetrends.com
Company: TMG The Mortgage Group Canada Inc. Position Title: Deal Centre Support Underwriter / Broker Years of Experience Required: Minimum 2 years mortgage underwriting experience Licences or Registrations Required: B.C….
Creating Powerful Referral Partnerships: Boomerang Financial
– canadianmortgagetrends.com
Build a business that people want to buy. This seems logical. But the vast majority of mortgage brokers don’t do it. They’re caught up in their day-to-day transactions with little…
