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
Clock ticking for Ontario mortgage brokers to complete required training + MORE Feb 13th
More than 17,000 agents and brokers must log mandatory training hours — including a new professional development requirement — with FSRA by March 31 to renew their licences..... More »
Why a mortgage that leaves room for retirement saving is a must-have + MORE Feb 19th
In expensive housing markets like Toronto or Vancouver, contributing to your RRSP can take a back seat — and catching-up later isn’t the solution it used to be
.... More »
How much you need to earn to afford a home in Vancouver and the GVA Jan 31st
The Canadian real estate market has been red-hot since the pandemic started in March 2020. Home prices have risen across the board, but they are especially high in Vancouver, Canada’s most expensive housing market.
If you’re looking to purchase a home in the Greater Vancouver Area (GVA), you .... More »
Q2 2018 Bank Earnings – Mortgage Morsels Jun 8th
The majority of Canada’s Big Six banks beat expectations for second-quarter earnings, despite slowing real estate activity and tighter lending rules for uninsured mortgages. Both RBC and Scotiabank posted 6% year-over-year increases in their residential mortgage portfolios, although the other .... More »
Should I sell and rent or get a reverse mortgage? + MORE Jul 7th
I’m an 82-year-old widowed woman, and my savings are depleting fast. I feel privileged, as I have the luxury of owning my own two-bedroom, one-bathroom condo.
I have two options: to selI and rent a one-bedroom apartment, probably starting at $2,000 a month, or staying in my home and getting.... More »
Mortgage Career: Merix Financial
– canadianmortgagetrends.com
Company: Merix Financial Position: Director, Business Development Location: Albert and Toronto, ON Send resume to: veronica.love-alexander@merixfinancial.com and apoorva.shukla@paradigmquest.com Salaried Mortgage Agent About Merix Financial: Merix Financial Inc. is an intermediary between mortgage wholesalers and mortgage originators, providing superior sales and service operations. By way of its agency relationship with wholesalers, Merix is responsible for originating mortgage volumes via independent mortgage originators, such as mortgage brokers. Merix Financial is a national company with its head office located in Toronto, ON, Canada. Reports To: Sales and Training Manager, Western Canada Position Summary As a member of Merix Financial, you will READ MORE
Get Ready for Springtime Spending
– ratesupermarket.ca
Winter has finally lessened its grip, and cold weather-weary Canadians have emerged to enjoy the sunnier days. But it’s not just spring flowers that are in for a growth spurt; warmer weather can have a taxing effect on the wallet as well.
Read on for this week’s top savings tips, from the best credit cards for patio hopping, to questions every savvy first time home buyer should know to ask.
The Best Credit Cards for Dining Out
With less spending power and stagnant wage growth, many Canadians are choosing to dine out less frequently, according to the Conference Board of Canada. How can you offset your dining costs? We’ve rounded up the best credit cards for earning rewards on your restaurant purchases.
Read Amanda’s Blog | The Best Credit Cards for Dining Out
CMHC to Investigate Foreign Real Estate Ownership
What is the true extent of foreign real estate ownership in Canada? The CMHC is attempting to find out, as both house and condo prices skyrocket. But will this new set of data paint a realistic picture of homeownership in Canada?
Read Allan’s Blog | CMHC to Investigate Foreign Real Estate Ownership
4 Essential Mortgage Features to Ask For
Buying a home? Savvy mortgage shoppers know comparing the market for the best rate is a great way to score a better deal on home financing…
