Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
Mortgage growth outpaced housing gains in late 2025 + MORE Apr 15th
Home values declined while borrowing increased, leaving financial markets to drive overall wealth growth..... More »
The Latest in Mortgage News – New Era, New Choices + MORE Apr 3rd
Here’s our latest recap of Canadian mortgage and real estate news. This week we look at: The latest housing affordability report, which came out with fairly predictable results How the post-OSFI stress test bump in business for credit unions may not be materializing What HomEquity’s 2017.... More »
Lower Rates Means Less Stress in the “Stress Test” + MORE Jul 23rd
Starting now, Canadian mortgage seekers will find it easier to qualify for more money. That’s because the Bank of Canada has dropped its five year benchmark qualifying rate from 5.34 percent to 5.19 percent. This is the rate banks use to qualify would-be-homebuyers for a mortgage.
This is the fir.... More »
Making sense of the markets this week: July 14, 2024 Jul 14th
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Are U.S. rate cuts on the way?
While Canada’s inflation rate is obviously at the forefront around decision making.... More »
Latest in Mortgage News: Canadians Say Low Interest Rates to Blame for High Home Prices Sep 5th
More than three-quarters of Canadians (77%) believe home prices in suburban and rural areas have risen to unsustainable levels, and most feel that ultra-low interest rates are to blame. A full 8 out of 10 people say low borrowing costs are to blame for the recent run-up in home prices, according to .... More »
Mortgage Career: First National – Jr. Residential Mortgage Underwriters
– canadianmortgagetrends.com
Company: First National Location of position: Toronto, Ont. or Vancouver, B.C. Advertise your mortgage job opening today! Click here to post. Or browse CMT’s Mortgage Jobs Database. Jr. Residential Mortgage Underwriters We are hiring Jr. Residential Mortgage Underwriters (‘Fulfillment Specialists’) at First National Financial LP! Closing Date: Open Hours of Work: 8:30 a.m. – 5 […]
Mortgage Career: First National – Residential Mortgage Underwriters
– canadianmortgagetrends.com
Company: First National Location of position: Toronto, Ont. or Vancouver B.C. Advertise your mortgage job opening today! Click here to post. Or browse CMT’s Mortgage Jobs Database. Residential Mortgage Underwriters We are hiring Residential Mortgage Underwriters at First National Financial LP! Closing Date: Open Hours of Work: 8:30 a.m. – 5 p.m. Office Location: Either […]
Real Estate Success Secrets
– ratesupermarket.ca
Whether you’re scraping together savings for your first home, or contemplating your next move in the market, Canadian real estate can be a tad… overwhelming. This week, we’ve touched on some of your biggest home buying questions, from saving for a second home, down payment loopholes, and even buying property out of the country.
Read on for our full coverage, plus the week’s top headlines.
Can I Still Get a “Zero Down” Mortgage With a Credit Union?
By law, every homebuyer must make a minimum 5% down payment on their new home purchase when taking out a mortgage from a federally regulated lender (think the 5 big banks). But what about credit unions, which are regulated provincially?
The truth is, zero-down mortgages do still exist at some of these lenders. But is it ever a good idea to get one?
Read Allan’s Blog | Can I Still Get a “Zero Down” Mortgage With a Credit Union?
Why Your Starter Home May Be Your Only Home
The traditional way into the housing market is to start small, build equity, and move on up to a bigger and better home later on…
Read on for our full coverage, plus the week’s top headlines.
Can I Still Get a “Zero Down” Mortgage With a Credit Union?
By law, every homebuyer must make a minimum 5% down payment on their new home purchase when taking out a mortgage from a federally regulated lender (think the 5 big banks). But what about credit unions, which are regulated provincially?
The truth is, zero-down mortgages do still exist at some of these lenders. But is it ever a good idea to get one?
Read Allan’s Blog | Can I Still Get a “Zero Down” Mortgage With a Credit Union?
Why Your Starter Home May Be Your Only Home
The traditional way into the housing market is to start small, build equity, and move on up to a bigger and better home later on…
INFOGRAPHIC: 3 Easy Steps to Save Over $100,000 On Your Mortgage
– ratesupermarket.ca
Want to pay less for your mortgage? It’s possible to cut down the amount you’ll pay by thousands of dollars – you just need to shake up your monthly mortgage payments. Check out these 3 easy steps for paying your mortgage off as fast as possible.
Ready to start mortgage shopping? Check out today’s best rates>
The post INFOGRAPHIC: 3 Easy Steps to Save Over $100,000 On Your Mortgage appeared first on MoneyWise.
DLC Makes Purview Free to Its Agents
– canadianmortgagetrends.com
Superbrokers love to tout their technology, but too often that technology consists of non-value-added web apps. Dominion Lending Centres (DLC) has an online tool that’s relevant. It’s called the Property Valuation System (PVS) and it’s a version of Teranet Purview, a property information system. With the PVS, a mortgage broker can: Instantly obtain property value estimates […]
