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
Canada’s financial consumer watchdog unveils guidelines to support at-risk mortgage borrowers Jul 6th
The country's financial consumer watchdog today unveiled new guidelines urging financial institutions to provide support to mortgage holders who are facing "severe financial stress" and are at-risk of default..... More »
MCAN Home’s ICON Partner Program Rewards and Unites, Prioritizing Brokers and their Clients + MORE Feb 9th
When the MCAN Home Mortgage team was planning its ICON Partner Program launch, they didn’t realize how critical the focus on experience, community and relationships was about to become..... More »
Steps to getting the perfect mortgage for you + MORE Jun 14th
If you’ve been saving for a home, you might be thinking now is the time to buy. Whether you’re a first time buyer or a current homeowner, buying a new home means making tough decisions. We’re here to make sure that you have a good enough understanding of mortgages before you jump right in. He.... More »
Opinion: Mortgage loyalty isn’t given, it’s earned + MORE Feb 5th
Jill Moellering shares why clients aren’t just chasing the lowest rate—they’re looking for trust, service, and the right mortgage for their needs..... More »
CMHC reports annual pace of housing starts in April up from March May 18th
Canada Mortgage and Housing Corp. says the annual pace of housing starts for April rose 17% compared with March..... More »
Top 10 Mortgage Tips for 2014
– canadamortgagenews.ca
A peek at the year ahead: Our Top Ten Mortgage Tips for 2014! Your home may be the biggest investment you’ll ever make. That means you want to be smart with your mortgage. Although we can’t say for sure what mortgage rates will do – or how the housing market will shift – we have […]
Survey shows US homebuilders’ confidence and outlook for sales into next year improving
– canadianbusiness.com
U.S. homebuilders’ confidence bounced back strongly this month, suggesting many will ramp up construction and hiring in coming months.
The National Association of Home Builders/Wells Fargo builder sentiment index climbed to 58. That’s up from 54 in November and matched an eight-year high reached in August. Readings above 50 indicate more builders view sales conditions as good, rather than poor.
This month, builders’ view of current sales conditions jumped to the highest level in eight years, while their outlook for sales heading into next year’s spring home-selling season also improved.
Builders’ outlook is rising again after dimming during the 16-day partial shutdown. The index is 11 points higher than a year ago, reflecting a U.S. housing market fueled by steady job growth and still-low mortgage rates.
The post Survey shows US homebuilders’ confidence and outlook for sales into next year improving appeared first on Canadian Business.
The National Association of Home Builders/Wells Fargo builder sentiment index climbed to 58. That’s up from 54 in November and matched an eight-year high reached in August. Readings above 50 indicate more builders view sales conditions as good, rather than poor.
This month, builders’ view of current sales conditions jumped to the highest level in eight years, while their outlook for sales heading into next year’s spring home-selling season also improved.
Builders’ outlook is rising again after dimming during the 16-day partial shutdown. The index is 11 points higher than a year ago, reflecting a U.S. housing market fueled by steady job growth and still-low mortgage rates.
The post Survey shows US homebuilders’ confidence and outlook for sales into next year improving appeared first on Canadian Business.
5 Ways To Treat Yo Self… And Actually Save Money!
– ratesupermarket.ca
Are you planning on buying a gift for yourself this holiday season? You’re not alone – self indulgence is on the rise – after all, Oxford Dictionary declared 2013 to be the “year of the selfie”! And, a RateSupermarket.ca poll found a full 67 per cent of Canadians plan to treat themselves this holiday season while checking off their gift lists.
Seems expensive? Treating yourself doesn’t have to be – in fact, in can be downright financially responsible! Here are five great ways to spoil yourself and invest in your financial future.
#1 – Turn $1 into $1,485
Open up an online savings account right now and deposit $1. Each week, increase your savings by an additional dollar. In one year, you’ll have $1,485 saved (assuming you’re getting a 1.90 per cent return on your savings account.
With $1,485 savings in hand for next year treat yo-self to a vacation, a spa day, a hockey game, or (even better) a holiday season already paid for. Voila: an easy way to save money!
#2 – Pay Down That Mortgage
Sounds boring – but consider this: an extra $1,000 a year will save you $10,747 in interest over the course of your mortgage on average! (Check out our Mortgage Save Infographic for more details…
