Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
Lowest Winnipeg mortgage rates: Save with Cambrian Credit Union May 12th
When Canadians need a mortgage, they often default to the big banks—but there’s a whole other world of financing options to explore. Credit unions have competitive interest rates in Canada, including Manitoba, plus innovative mortgage options you may not be able to find elsewhere. Shopping aroun.... More »
Fisgard Spreads East + MORE Feb 6th
Fisgard, one of the nation’s largest private mortgage investment corporations (MICs), is expanding its business eastward. It launched in Ontario, Saskatchewan and Manitoba this past Monday. It’s an important move for the 21-year-old lender, which has limited itself to the BC and Alberta markets .... 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 »
Rising expenses driving Canadians to offload U.S. real estate + MORE Sep 19th
While politics play a role, brokers say rising costs, currency pressures and mortgage realities are the real forces driving Canadians to sell U.S. property — with many looking to reinvest at home..... More »
One family’s strategy for getting out of debt + MORE Feb 7th
(Illustration by Ryan Inzara, iStock)
At first glance, it’s difficult to see why Francesca Nazario is so worried about money. She and her husband Guy, both 36, own a three-bedroom bungalow in Whitby, Ont., an hour’s drive from Toronto. They have two young kids—Amelia, 3, and Sam, 15 months—a.... More »
Slowing Mortgage Market Examined
– canadianmortgagetrends.com
Despite hot housing activity in some of Canada’s biggest markets, mortgage credit is growing at its slowest pace since 2001. That’s according to a recent TD Economics report. The good news is that Canadian mortgagors are paying about $4 billion less in interest (on an annual basis) compared to before the recession hit. In turn, they are now “paying that […]
Student-Loan Debt: A Federal Toxic Asset
– online.wsj.com
Only about 56% of borrowers are making payments. At the peak of the mortgage crisis, 10% fell behind on payments.
