Interested in learning more about property mortgages in Canada? Look no further!
Latest News
Latest in mortgage news: bond yields plunge as U.S. inflation eases + MORE Nov 16th
Canadian bond yields took another step down today following the release of lower-than-expected inflation data south of the border..... More »
First National saw revenue rise 29% in 2023 despite drop in residential mortgage volumes + MORE Mar 10th
First National wrapped up a "successful" 2023 in spite challenging economic conditions and a drop in residential mortgage originations..... More »
Can a first-time home buyer have a mortgage co-signer? + MORE Sep 17th
If you’re in the market for your first home but need help coming up with the financing, you do have some options, including asking someone to co-sign the mortgage. Involving a third party is probably not what you envisioned for home ownership, but recent interest rate hikes and rising real estate .... More »
The latest in mortgage news: BC government unveils details of its proposed home-flipping tax + MORE Feb 27th
The British Columbia government today unveiled additional details of its proposed house flipping tax that was introduced in last week's budget..... More »
How To Navigate Three Common Mortgage Scenarios + MORE Aug 15th
It’s a confusing time to be a homeowner. Rates are up, and everyone has an opinion on what will happen next. It’s easy to get sucked into social media rabbit holes and make decisions motivated by fear. But at times like these, it’s crucial to block out the noise and do what’s right for you.
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OSFI says mortgage amortization extension “not without risks”
– canadianmortgagetrends.com
Temporarily extending amortization periods has been a saving grace for many variable-rate mortgage holders as a way to manage the impact of higher interest rates and borrowing costs. But Canada’s banking regulator says that while the strategy may be attractive, it’s also “not without risk,” since it “keep[s] borrowers in debt longer and lead[s] to higher interest payments.” The comments were made by Tolga Yalkin, an assistant superintendent at the Office of the Superintendent of Financial Institutions (OSFI), on Thursday […]
Mortgage brokers rated their lenders, and these are the results
– canadianmortgagetrends.com
If you want to know how mortgage lenders are performing in today’s volatile market, who better to ask than a mortgage broker?
