Interested in learning more about property mortgages in Canada? Look no further! How retired parents can use the FHSA to help their adult children – moneysense.ca If you’re a retiree or close to retiring, you probably have a paid-off principal residence, or should be close to having one. However, many retirees—including me—have grown children struggling […]
Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles. Mortgage providers slash rates in wake of bond yield drop – canadianmortgagetrends.com It took some time, but mortgage rates are now responding to last week’s plunge in bond yields stemming […]
Obtaining a mortgage or secured line of credit in Canada at the best rates is often a daunting task. We can help! Read the articles below for more info. Why mortgage brokers should know prepayment penalty calculations inside and out – canadianmortgagetrends.com All mortgage brokers should have a comfortable working knowledge of how prepayment penalties […]
Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles. Mortgage debt taking up a record share of income – canadianmortgagetrends.com Borrowers are now spending roughly $1 out of every $13 of their disposable income on servicing their mortgages. That’s […]
Learn more about Canadian mortgage rates, rules and the latest news – read on! The latest in mortgage news: uninsured posted rates at decade-highs – canadianmortgagetrends.com Uninsured posted rates from Canada’s Big 6 banks have skyrocketed over the past year, according to data from the Bank of Canada. Continue Reading On canadianmortgagetrends.com » First National […]
Obtaining a mortgage or secured line of credit in Canada at the best rates is often a daunting task. We can help! Read the articles below for more info. State of the mortgage market: Canadians anxious about their finances, but still see housing as a good investment – canadianmortgagetrends.com Canadian homeowners may be feeling more […]
Learn more about Canadian mortgage rates, rules and the latest news – read on! Some Things Never Change: What We Can Learn From the Past – canadamortgagenews.ca I started CanadaMortgageNews.ca in 2009 with one goal: to dispel misinformation. A lot of mortgage “experts” were coming onto the scene at the time with outrageous claims and […]
Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement. Nearly three-quarters of CIBC’s variable-rate clients have reached their trigger rate – canadianmortgagetrends.com Over 70% of CIBC’s variable-rate customers are seeing all of their mortgage payments go towards servicing interest costs. Continue Reading On canadianmortgagetrends.com » Reverse […]
Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles. Can you maximize your RRSP and TFSA with an income of $0? – moneysense.ca Ask MoneySense I have $119,000 room allowed in my RRSP and $81,000 room in my TFSA. […]
Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement. Reverse mortgages are on the rise, but are they the right choice? – thestar.com The number of reverse mortgages has surged recently. Experts caution it’s worth exploring all other options first, like lines of credit and downsizing. […]