Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News
7 Tips for New Mortgage Brokers + MORE Apr 1st
If you’re a new mortgage broker, you’ll realize soon enough that there's actually a great deal in this business that we have no control over..... More »
Spotlight On Mortgages: December 6, 2013 + MORE Dec 8th
Rate cuts have been the talk of the town – or rather, the world – as a number of global economies released their latest rate announcements this week.
While such action didn’t actually happen – the Bank of Canada kept its overnight lending rate at one per cent, where it has remai.... More »
Are interest payments tax deductible? Aug 12th
Taxpayers may be eligible to claim a tax deduction for interest paid on a loan or mortgage. According to Canada Revenue Agency (CRA), “most interest you pay on money you borrow for investment purposes [can be deducted] but generally only if you use it to try to earn investment income.”
One commo.... More »
The Canadian mortgage stress test, explained + MORE Jul 19th
The Canadian mortgage stress test applies to anyone applying for a mortgage, refinancing their current home loan, or renegotiating the terms of their mortgage contract with a federally regulated lender. And while provincially regulated lenders have more flexibility when it comes to mortgage app.... More »
Mortgage up for renewal? Read this first + MORE May 9th
New mortgage rules and higher interest rates may make it more difficult for you to renew your mortgage..... More »
President's Choice Fin'l – 2 year Closed : 3.24% (0.09%)
– ratesupermarket.ca
President’s Choice Fin’l 2 year Closed mortgage rate was changed on September 25, 2013
President's Choice Fin'l – 5 year Closed : 4.09% (0.1%)
– ratesupermarket.ca
President’s Choice Fin’l 5 year Closed mortgage rate was changed on September 25, 2013
President's Choice Fin'l – 6 year Closed : 4.27% (0.13%)
– ratesupermarket.ca
President’s Choice Fin’l 6 year Closed mortgage rate was changed on September 25, 2013
Another US Govt shutdown… could mean lower mortgage rates for Canada.
– canadamortgagenews.ca
Remember the U.S. Debt ceiling crisis in the summer of 2011? Panic was an understatement. That story dominated headlines for close to 2 months. Stock markets dropped, but mortgage rates dropped, too. In fact, fixed wholesale mortgage rates dropped 0.50% in the months leading up to the Debt Ceiling deadline, from June […]
Mortgage Career of the Week
– canadianmortgagetrends.com
Company: Home Trust Company Position Title: Business Development Manager Previous Experience Required: Minimum of 3 years Licences or Registrations Required: No Location of Position: Durham Region, Ontario Applicants may contact:…
