Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News
Brokers react to the government’s “nonsense” mortgage charter + MORE Dec 1st
The Liberal government last week unveiled a "new" Canadian Mortgage Charter aimed at ensuring lenders offer relief to mortgage borrowers who are struggling to make their payments..... More »
Switching to a better bank account Dec 17th
Almost every adult Canadian has a bank account, according to the Canadian Bankers Association. And there are practical reasons for that: most of us need a bank account to cover rent or mortgage payments, receive paycheques and to maintain our lifestyles.
But what if you’re looking for a bank acc.... More »
Fixed or Variable? Floating-Rate Mortgages Losing Their Lustre + MORE Aug 6th
It can be one of the most difficult choices for mortgage borrowers—fixed rate or variable? Thanks to historically low spreads between the two, that choice is becoming easier for many. “If you’re in the trenches shopping for a new mortgage, I’m going to tell you something I’ve rarely to.... More »
Looking for a mortgage in B.C.? Don’t limit your options to the big banks Apr 6th
At last, interest rates are coming down again. For Canadians who are in the market for a new home, facing renewal of their mortgage in the foreseeable future, or feeling unsatisfied with their current home loan, this poses two choices: do you pounce now, or stay on the sidelines in the hope that rat.... More »
The Latest in Mortgage News – Economic Growth & Housing Affordability Dec 3rd
The latest data released over the past couple of weeks are helping to provide a reading on how different jurisdictions in the country are faring when it comes to economic growth and housing affordability. The Conference Board of Canada’s latest Metropolitan Outlook, for example, breaks down re.... More »
CFF Doubles its Retail Network
– canadianmortgagetrends.com
Canadian First Financial Group has accelerated its national expansion. The company, which partners with mortgage brokers to market banking products, has doubled its national footprint in just two months. In September, for example, the company had 11 broker-owned CFF banking Centres. It now has 23 (the list). The company has built a name for itself […]
Canada Mortgage and Housing Corp. says Canadian housing prices have been higher than U.S. prices in real terms since 2006, an indication that the market here may be overvalued.
Broker Coalition Causes a Stir
– canadianmortgagetrends.com
Upwards of 70% of mortgage agents in Canada work at one of the top 10 brokerages or broker networks. And then, there are the rest. Mostly independent, these agents faithfully serve their clients under their own flag. But it’s getting harder to maintain margins these days, especially if you’re an independent broker. In many cases, independents simply […]
Mortgage Career: Dreyer Group Mortgages
– canadianmortgagetrends.com
Company: Dreyer Group Mortgages Position: Junior Underwriter/Admin/Client Care Position Location: South Surrey, British Columbia (Morgan Creek Office) Advertise your mortgage job opening today! Click here to post. Or browse CMT’s Mortgage Jobs Database. Junior Underwriter/Admin/Client Care Position Dreyer Group Mortgages is one of the top mortgage teams in Canada and a proud member of the […]
