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.
Latest News
Ask the Expert: Steve Garganis – What’s your Canadian mortgage strategy in Trump’s tariff war? + MORE Apr 15th
Make no mistake, we are in a war — an economic war. President Donald Trump has threatened, imposed, or temporarily reversed tariffs on just about every country in the world, including Canada.
Canada will now see a 25% tariff on aluminum, steel, Canadian automobiles and non-CUSMA-compliant .... More »
Managing debt to build wealth + MORE Aug 23rd
It’s an eyebrow-raising trend: non-mortgage delinquencies have reached levels not seen since 2009, according to a report by Equifax, one of the three largest consumer credit reporting agencies. Specifically, 1.4 million people in Canada have recently missed a credit payment.
But it’s no.... More »
Should you get a 30-year mortgage? + MORE Jul 8th
Signing a 30-year mortgage in Canada can be an attractive option for some home buyers in the face of relentless real estate prices and historically high interest rates. Specifically first-time home buyers and those now renewing their mortgages.
While prices in Toronto have fallen slightly, with .... More »
What mortgage professionals can expect at the upcoming MIC trade show Apr 30th
ONMICA is hosting its latest annual MIC Trade Show and Seminar in Toronto on May 8..... 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 »
High interest rates have borrowers anxious about their mortgage renewal. What can they do?
– canadianmortgagetrends.com
After a series of rate hikes, many of Canada’s variable rate mortgage holders are feeling the pain, and fixed-rate borrowers aren’t faring much better.
Manulife One offers unique options to brokers and their clients
– canadianmortgagetrends.com
Virtually every client to whom Nicole Hayes recommends Manulife One ultimately chooses it as their mortgage product. They are also more likely to provide positive feedback and referrals. While it may take a little extra time to educate them about the unique product, the Langley, B.C.-based mortgage expert says that once clients understand what it can offer, they almost always choose it. “If it’s not a great fit for them, then I don’t recommend it,” says Hayes. “If I’ve determined […]
Industry giant Ron Butler launches his “Angry Mortgage” podcast
– canadianmortgagetrends.com
After facing building pressure to host his own podcast, Ron Butler–one of the biggest names in the mortgage industry—this week launched his inaugural episode.
CMHC consumer survey reveals the importance of follow-up contact by mortgage brokers
– canadianmortgagetrends.com
There was a simple but important lesson for mortgage brokers in CMHC’s 2023 Consumer Survey released Wednesday: follow-up contact leads to more satisfied clients.
Despite “sticker shock” of mortgage renewals, Equitable Bank says clients showing “remarkable resilience”
– canadianmortgagetrends.com
Despite facing sharply higher mortgage rates on their mortgage renewals, Equitable Bank says its borrowers have so far shown “remarkable resilience.”
