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.
Latest News
Housing market slowdown continues with sales and average prices well down from last year - CBC News + MORE Oct 14th
Housing market slowdown continues with sales and average prices well down from last year CBC NewsReal estate: Canadian home sales continue to slow CTV NewsCREA reports home sales in typically busy September continued to slow NewmarketToday.caCanada’s average home p.... More »
Canadian home sales hit “speed bump” in July, despite rate cuts Aug 17th
Falling mortgage rates haven't yet had a a significant impact on real estate activity, according to recent data..... More »
Manulife’s Natasha Duric: A 30-year mortgage career built on leadership and innovation Oct 13th
Natasha Duric describes her entry into the mortgage industry as “a fluke.”.... More »
Does Canada’s real estate sector risk being a hotbed for crime? + MORE Sep 16th
OTTAWA – An in-depth review of Canada’s anti-money-laundering efforts has uncovered serious concerns that organized crime is using the country’s hot real estate sector to illegally funnel cash.
The report from the Paris-based Financial Action Task Force makes special note of real estat.... More »
Brokers: How to Stay in Touch with Your Clients Oct 13th
It’s a mortgage broker’s job to remain in touch with their clients. But because years can pass between dealing with these clients, and perhaps for a lack of organization skills, that doesn’t always happen. Unfortunately, when it’s time to refinance or renew the mortgage, these fo.... More »
Caisses Desjardins – 5 year Closed : 5.34% (0.2%)
– ratesupermarket.ca
Caisses Desjardins 5 year Closed mortgage rate was changed on August 28, 2013
First Calgary Financial – 7 year Closed : 4.09% (0.3%)
– ratesupermarket.ca
First Calgary Financial 7 year Closed mortgage rate was changed on August 28, 2013
Spotlight On Mortgages: August 30, 2013
– ratesupermarket.ca
Lower Affordability and Higher Mortgage Rates Don’t Deter Buyers
It’s getting tougher to buy a home in Canada – but that’s not stopping buyers determined to make ownership a reality. Home sales rose 6.4 per cent in Q2, despite diving affordability indexes for several home types, according to the latest RBC Economics Housing Trends and Affordability report.
Hot Demand For Detached
The index, which measures the amount of pre-tax household income required to cover the costs of homeownership at current market conditions, found that detached bungalows became 0.3 per cent more expensive last quarter, and two-storey dwellings increased by 0.4 per cent. The report stated that detached homes remain in high buyer demand, fueled further by a relatively low interest rate environment.
Craig Wright, senior vice president and chief economist at RBC stated in a release that demand and sales should remain stable – given no further surprises for the housing market.
“Homebuyers seemed unfazed by the slight deterioration in affordability – we saw the market regain some momentum in the second quarter with home resales increasing 6…
Caisses Desjardins – 3 year Closed : 3.95% (0.2%)
– ratesupermarket.ca
Caisses Desjardins 3 year Closed mortgage rate was changed on August 28, 2013
First Calgary Financial – 10 year Closed : 4.19% (0.2%)
– ratesupermarket.ca
First Calgary Financial 10 year Closed mortgage rate was changed on August 28, 2013
