Ask the Expert: Steve Garganis – How Trump’s tariffs will affect your Canadian mortgage + MORE Feb 1st

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Opinion: Think twice before handing your mortgage to a bank adviser + MORE Oct 7th

Every now and then, something happens in this business that really drives home an important lesson, and this time, it’s about how trusting the wrong person with your mortgage file can cost you a great deal..... More »

How to find room to save in 2026—even with tight budgets Jan 11th

Saving more in 2026 is a common new year’s resolution, but with budgets tight and inflation driving the cost of groceries and everyday necessities higher, it’s easier said than done. Financial planning experts say it takes a careful review of where you’re spending to find ways to s.... More »
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What’s better for buying a second home: HELOC or personal loan?  + MORE Aug 8th

Ask MoneySense I am considering taking out a HELOC loan to buy another property. Is this a wise decision, or would a loan be better? My bank advises me that I can qualify for a $400,000 HELOC. –Caren When buying a second property, Canadians can choose from a number of financing options, inc.... More »
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Rocket Mortgage Canada winding down operations + MORE Mar 7th

Rocket Mortgage Canada is shutting down its lending business, with operations expected to wind down by the end of June..... More »

Housing starts up 3% in January, but trade risks add ‘significant uncertainty’: CMHC Feb 20th

Canada Mortgage and Housing Corp. says the annual pace of housing starts in January rose three per cent compared with December, helped by strength in multi-unit starts in Quebec and B.C..... More »
Canada Mortgage and Housing Corp. says high housing costs are restricting population mobility in the country, as Canadians are finding that it’s too pricey to buy or rent in cities where they seek jobs.

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Ask the Expert: Steve Garganis – How Trump’s tariffs will affect your Canadian mortgageI will start with a quote from Trump’s book, The Art of the Deal

“I aim very high and then I just keep pushing and pushing and pushing to get what I’m after. Sometimes I settle for less than I thought but I still end up with what I want.“

In the summer of 2016, ahead of the U.S. election, I was sitting at a business dinner. In attendance was one guest who was from the U.S., who had a distinct southern drawl which drew attention from us Canadians.

At the time, presidential hopeful Donald Trump was being mocked and ridiculed by the media as joke. Nobody thought he would be voted in. Then this southern gentleman made this statement: I think Trump will win. We all laughed, but he said the people were tired of the status quo. They didn’t like where the country was going. They were not happy.

And that’s really what it came down to for him: When the masses are not happy in a democratic country, eventually there will be change.

The change happened quickly, and not just for Americans:  Read more – Interview with Steve…

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Canadian Mortgage Trends has learned that only a few major lenders are currently accepting applications for the federal government’s secondary suite refinancing program.

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