Equifax Launches Income Verification System + MORE Jan 23rd

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.
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Insights From A Top Canadian Economist: Part 2 + MORE Nov 4th

Canadian economist Benjamin Tal’s presentation at the National Mortgage Brokers Conference was eye-opening. In it, he posited a holistic view of what’s happening with the Canadian economy and what we can expect to happen next. He’s rarely been wrong in the 20 years I’ve been following him &#.... More »

Canadians Not Deterred By Homeownership Obstacles Sep 6th

Those dreaming of homeownership face a long list of obstacles: high prices, low supply and ever-changing mortgage rules and qualification requirements, to name a few. But that hasn’t shaken Canadians’ desire to have a place to call their own, according to the latest consumer survey from .... More »
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Mortgage Lenders Provide COVID-19 Update – Part 1 + MORE Apr 7th

In a recent panel discussion series hosted by Mortgage Professionals Canada, a cross-section of some of the country’s top lenders provided updates on how COVID-19 has impacted their operations and shaped their outlook. The overwhelming message was one of positivity and resilience. Within a mat.... More »

My fellow partisans: How we can yell at each other more thoughtfully + MORE Mar 31st

Jason Lietaer is a conservative strategist and commentator who is the president of the national communications firm Enterprise Canada. He is an aspiring participant of championship parades to be held for the Leafs and Raptors. Over the past several years, fuelled by the rise of social media and an i.... More »
 mortgage penalties

Vancouver Feb. home sales fall amid mortgage, interest rate changes + MORE Mar 4th

VANCOUVER _ Home sales in Metro Vancouver fell more than 14 per cent below the 10-year average in February as buyers contended with stricter mortgage rules and higher interest rates, according to statistics released Thursday. The Real Estate Board of Greater Vancouver’s data showed that 2,207 .... More »

Equifax Launches Income Verification System

– canadianmortgagetrends.com

Lenders across the country are trying to build their own versions of the evolutionary, if not revolutionary, Rocket Mortgage. But there’s one problem. Unlike in the U.S. where income/employment verification services are already available, Canada hasn’t had a good solution. That has now changed. Equifax has formally launched Verification Exchange, a product it’s been piloting […]

Continue Reading On canadianmortgagetrends.com »

The success of reverse mortgages will depend to a large extent on whether mortgage brokers provide effective, objective advice on the suitability of these products

Continue Reading On theglobeandmail.com »

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