Interested in learning more about property mortgages in Canada? Look no further!
Latest News
What the latest BoC interest rate hike means for you + MORE Sep 7th
The Bank of Canada is hiking its benchmark interest rate by a quarter point to one per cent. So, what does that mean for people with credit card debt or a mortgage?
Economist Bryan Yu with Central 1 Credit Union says if you’re carrying a lot of debt on your credit card, you’ll probably start to .... More »
Home Capital shareholders reject new investment from Berkshire Hathaway + MORE Sep 13th
Shareholders of Home Capital Group Inc. voted against taking a second life line from Warren Buffett's Berkshire Hathaway, which keeps the billionaire's stake in the alternative mortgage lender at just under 20 per cent..... More »
What is a private mortgage and when does it make sense? Sep 1st
For those having trouble qualifying for a traditional mortgage, other solutions are still available, one of which is a private mortgage. And with increasingly stricter mortgage regulations and qualification requirements being introduced by the government, they’re growing in popularity. Private.... More »
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 »
Tools to calculate your mortgage payments and costs in Canada Nov 1st
Owning real estate is a goal for many Canadians, and while it can be a rewarding investment, it comes with financial responsibilities that you must carefully manage. First and foremost, you need to be able to calculate your mortgage payments, down payment, penalty fees and other costs. Onli.... More »
Home builders need to further scale back construction to cool overheated markets in Ottawa and other centres, says Canada Mortgage and Housing Corp. A quarterly market assessment released by the federal government’s housing watchdog Wednesday said rising vacancy rates and high inventories of new and unsold units are causing problems in Calgary, Saskatoon, Regina and […]
