Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
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Brokers: How to Stay in Touch with Your Clients Oct 13th
It’s a mortgage broker’s job to remain in touch with their clients. But because years can pass between dealing with these clients, and perhaps for a lack of organization skills, that doesn’t always happen. Unfortunately, when it’s time to refinance or renew the mortgage, these fo.... More »
Tango Financial Becomes Latest Mega-Brokerage + MORE Jan 20th
The trend of consolidation in Canada’s mortgage industry continues. Tango Financial is the latest mega-brokerage. The company is an amalgamation of Paragon Mortgage Inc., Premiere Mortgage Centre and Compass Mortgage Group, which announced a merger agreement last week. The three firms will rem.... More »
Fixed-Rate Increases Costing Today’s Homebuyers Over $10,000 More in Interest + MORE Nov 13th
Fixed mortgage rates have been climbing steadily since September. But by how much at what cost for new homebuyers?.... More »
Looking to boost Cash Flow? New Flexible Mortgage could be a game-changer! + MORE Aug 1st
There’s a great new flexible interest-only mortgage product that could prove beneficial for a number of borrowers, including first-timers, real estate investors, professionals, seasonal workers and others looking for lower monthly mortgage payments.
Designed to help borrowers increase monthly .... More »
Trump fires Federal Reserve Governor Lisa Cook - The Globe and Mail Aug 26th
Trump fires Federal Reserve Governor Lisa Cook The Globe and MailWhat Trump’s firing of Fed governor means for central bank’s independence The GuardianTrump seeks to fire Fed governor, triggering fresh independence crisis Sky NewsTrump has accused Fed Governor Li.... 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
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
