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.
Changes to Canada’s CMB program could have unintended consequences, experts say + MORE May 31st
As the federal government considers streamlining its process for funding mortgages, some worry that changes to the Canadian Mortgage Bond (CMB) program could have unintended consequences..... More »
Can you get a mortgage if you’re self-employed? It’s not easy, but it’s not impossible + MORE May 16th
With determination and good planning, you can jump through the extra hoops and get that house, Lesley-Anne Scorgie writes..... More »
Mortgage borrowers to see payments increase by 20-40% at renewal: Bank of Canada May 19th
The Bank of Canada says it it concerned about the ability of households to service their debt, particularly as mortgage holders are facing payment increases of up to 40% at renewal..... More »
Latest in mortgage news: consumer insolvencies at highest level since 2019 May 25th
Consumer insolvencies in Canada have risen to their highest level in three years..... More »
The best 5-year fixed mortgage rates in Canada + MORE May 28th
Mortgages The best 5-year fixed mortgage rates in Canada You’re 2 minutes away from getting the best mortgage rates in Canada. Just answer a few quick questions to get a personalized rate quote. I’m buying a home* .... More »
High interest rates have borrowers anxious about their mortgage renewal. What can they do?
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
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
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
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”
Despite facing sharply higher mortgage rates on their mortgage renewals, Equitable Bank says its borrowers have so far shown “remarkable resilience.”