Learn more about Canadian mortgage rates, rules and the latest news – read on!
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The best 5-year fixed mortgage rates in Canada + MORE May 28th
Mortgages
The best 5-year fixed mortgage rates in Canada
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Lender Calls – 2017 Q3 Roundup Nov 24th
Canada’s biggest non-bank lenders have all reported third-quarter earnings. In their conference calls they outlined some of the expected impacts from OSFI’s new mortgage regulations that will take effect January 1, 2018. All unanimously forecast a sizeable decline in uninsured mortgage lend.... More »
Is a reverse mortgage right for you? + MORE Aug 15th
Many Canadians are “house rich.” Their net worth appears healthy (the average tops $675,000), but in reality, a large chunk—sometimes 50% or more—of that wealth is tied up in their homes. Factor in the nation’s growing personal debt (according to Statistics Canada, we collectively owe $1.7.... More »
$22,500 savings by breaking mortgage and getting into today’s low rates! + MORE Mar 11th
A few weeks ago, I posted an article about one of my readers that had the potential to save $15,000 by breaking the mortgage and getting into a new 5 year fixed rate. This was a net savings. The actual savings was just over $20,000 less the penalty of $5,000. This week, we had […].... More »
Ottawa's apartment vacancy rate at 11-year high, rents also rise: CMHC + MORE Dec 19th
Canada Mortgage and Housing Corp. reports that vacancy rates in the City of Ottawa have hit an 11-year high, as more apartment units flood the market and fewer renters are looking for places to live. Yet, despite the high availability of apartments, average rents have also risen, according to the na.... More »
Mortgage Career: CIBC
– canadianmortgagetrends.com
Company: CIBC Position: Director, Regional Approval Centre; Retail Lending Risk Management Location: Vancouver, BC Advertise your mortgage job opening today! Click here to post. Or browse CMT’s Mortgage Jobs Database. Director, Regional Approval Centre; Retail Lending Risk Management CIBC is a leading Canadian-based global financial institution. Through our three major businesses – Retail and Business Banking, Wealth Management and […]
