Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
Home Capital sells up to $1.5-billion in mortgages; shares surge + MORE May 9th
Third-party extends a lifeline and opens the door for an outright sale of the embattled alternative lender
.... More »
BIG NEWS: Mortgage includes Self-Employed Business Income and Best Rates! + MORE May 3rd
This is probably the biggest positive mortgage lending change in 10 years. A major lender has just announced a new program for self-employed individuals!
For the last several years, mortgage lenders were not including any business income when qualifying for a mortgage.
In other words, if you owned.... More »
How's my rate? + MORE Feb 1st
You’re two years into your mortgage term. You’ve got a great rate, or so you thought? But now you aren’t sure. With so much talk about record low interest rates, you begin to question. Maybe there’s a better deal out there? Did you choose the right product and lender? Has you.... More »
M3 Group Expands National Bank Partnership to Ontario Jun 16th
Ontario mortgage brokers at M3 Group will soon have a new edge, the right to sell another Big 6 bank's mortgage products..... More »
Should you buy or sell first in today’s real estate market? May 1st
We’re in the market for a new home, but we aren’t sure whether we should sell our home first or buy first. We’ve had people suggest both, and we’re wondering what might be best in the current real estate market.
Should you buy or sell first in real estate?
Whether you should buy .... More »
Can life annuities mimic pensions?
– moneysense.ca
Darren would like a worry-free retirement. So he wonders if life annuities would allow him to match his wife’s public-sector pension plan. “I want to be sure I’ll have income for the rest of my life, no matter what happens to the markets,” he says. “Essentially, I want a pension, [without having to] worry about the company going out of business.”
He wonders, however, about the potential pitfalls and risks of annuities. “What happens if the insurance company that supplies my annuity goes under? Is there something else I should consider?”
Darren is now only 38. He aims to retire at 55, with the mortgage on their home paid off, about $600,000 (today’s dollars) saved in his Registered Retirement Savings Plan, plus extra tax-free savings.
Many others are wary of handing their savings over to a life insurance company. Most prospective buyers of annuities tend to live longer than average, but some fear dying early and leaving money for strangers to enjoy what’s called a mortality credit…
He wonders, however, about the potential pitfalls and risks of annuities. “What happens if the insurance company that supplies my annuity goes under? Is there something else I should consider?”
Darren is now only 38. He aims to retire at 55, with the mortgage on their home paid off, about $600,000 (today’s dollars) saved in his Registered Retirement Savings Plan, plus extra tax-free savings.
Many others are wary of handing their savings over to a life insurance company. Most prospective buyers of annuities tend to live longer than average, but some fear dying early and leaving money for strangers to enjoy what’s called a mortality credit…
Mortgage Career: MBT mortgagebrokerteam.ca – Senior Underwriter
– canadianmortgagetrends.com
Company: MBT mortgagebrokerteam.ca & Jessi Johnson Mortgage Team Position Title: Senior Underwriter Years of Experience Required: 3+ (minimum) underwriting Licences Required: Sub-mortgage broker in B.C. Location of Position: Work from home Applicants may contact: hr@mortgagebrokerteam.ca Advertise your mortgage job opening today! Click here to post. Or browse CMT’s Mortgage Jobs Database. Senior Underwriter Job Description & Responsibilities Review mortgage applications Read credit bureau’s and […]
Mortgage Career: Equitable Bank – Regional Business Manager
– canadianmortgagetrends.com
Company: Equitable Bank Position: Regional Business Manager Years of Experience Required: Minimum 3-5 years Licences or Registrations Required: AMP designation is an asset Location of Positions: Halifax, NS Applicants may contact: Resumes should be submitted to careers@eqbank.ca Advertise your mortgage job opening today! Click here to post. Or browse CMT’s Mortgage Jobs Database. Regional Business […]
