Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
Mortgage Marketing: Starting on a Shoestring Budget + MORE Jun 5th
By Jackson Middleton, Special to CMT If you’re just getting started as a mortgage broker, I hope I’m not the first to tell you that this is one tough business. Success doesn’t come easy and it’s a long way to the rainbow’s pot of gold. Successful brokers are very wel.... More »
Mortgage payments are easing overall, but many face renewal stress, TD says + MORE Jul 11th
High-rate renewals are squeezing budgets, but rate cuts and short-term mortgage resets are easing the burden in aggregate, TD Economics says.... More »
Tips for getting a new mortgage + MORE Jan 7th
Q: My partner and I want to move closer to family and this would require moving to another province. We’re fairly certain that we can find full-time employment in our new city but we’re a little worried that mortgage lenders won’t look favorably at us as borrowers. We have equity in the home .... More »
Bond Yields Surge, Mortgage Rates Rising in Response + MORE Feb 24th
Canadian bond yields hit their highest level since April in recent days, and a number of lenders have responded by starting to raise some of their mortgage rates. CMLS, MCAP and First National were among the non-bank lenders to increase at least some of their rates, with their broker rates rising 10.... More »
Mortgage payment calculator Oct 11th
For the majority of Canadians, buying a home will be the single biggest purchase they ever make, and getting a mortgage is an essential part of this process. According to a National Bank of Canada report, the majority of variable-rate-fixed-payment mortgage borrowers who signed onto between 2020.... More »
What’s in Store for Global Bond Yields?
– ratesupermarket.ca
As low inflation and decreased GDP continue to be global concerns, there is much speculation over the future of the bond market. Currently, in some economies, bonds are yielding less than 0 per cent as a result of Europe and Asia’s sluggish economic growth. This raises an alarm for investors to expect a long period of deflation or decreased growth. There is also an increased possibility of some countries having to bring in further measures like quantitative easing to keep their economy running. With yields so low, what is keeping investors in bonds? And what should Canadians brace for?
Also read: ‘Tis the Season for a Rate Hold – November Mortgage Rate Outlook Panel>
Safety Driving Investors to Bonds
Regardless of monetary policy uncertainty, bonds are still considered a safe investment. With market volatility continuing to plague markets around the world, investors want to know their money is safe and are willing to take no to little return in order to guarantee their principal…
New From the Expo
– canadianmortgagetrends.com
Mortgage Forum 2015, the nation’s largest mortgage convention, has come to a close. It’s been an active three days of learning, seeing old faces, recognizing industry leaders and digesting ample food and drink. Like usual, however, our favourite part of the event is trolling the expo floor. That’s where you see what’s new and innovative with the country’s mortgage lenders and suppliers. If we had to name just one product trend this year, it would be non-prime bundle mortgages (i.e., combined first and second mortgages) to 85% loan-to-value. This year we counted no less than seven lenders advertising bundles. But there was READ MORE
The Bridg Group of Companies
– canadianmortgagetrends.com
Company: The Bridg Group of Companies Position: Mortgage Underwriter/Agent Location: Woodbridge (Vaughan), ON Mortgage Underwriter/Agent The professionalism and talent of our employees is what makes The Bridg Group of Companies a successful organization. As a leading provider of Mortgages and Mortgage Investments services, we depend upon the performance, service, and support of many different business units. A successful candidate will be resourceful with an energetic demeanor and maintain a proven track record of providing outstanding assistance to our clients and the team. We are looking for a Mortgage Underwriter/Agent seeking a rewarding career. Successful applicant will process mortgage transactions from READ MORE
