Mortgage up for renewal? Read this first + MORE May 9th

Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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California's Mortgage Raid + MORE Sep 24th

Jerry Brown and the Legislature refuse to honor a court order..... More »

Brokers: How to Stay in Touch with Your Clients Oct 13th

It’s a mortgage broker’s job to remain in touch with their clients. But because years can pass between dealing with these clients, and perhaps for a lack of organization skills, that doesn’t always happen. Unfortunately, when it’s time to refinance or renew the mortgage, these fo.... More »

The Latest in Mortgage News – Is the Housing Market Turning a Corner? Aug 10th

While Vancouver area home sales are still posting year-over-year declines, signs are appearing in the Greater Toronto Area that the worst of the housing correction is now over. Experts say that likely won’t be enough to stave off a slowdown in national GDP growth, however, which in part will b.... More »

CIBC kicks off bank earnings week with 25% profit rise May 24th

The Canadian Imperial Bank of Commerce's latest quarterly earnings beat market expectations with a double-digit profit bump on strong earnings south of the border and at home, despite slowing domestic mortgage growth..... More »
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Not just new buyers: Mortgage stress test rules putting the squeeze on renewals, too + MORE May 15th

It's not just new homeowners who are feeling the impact of higher interest rates and tougher lending standards: even those who've already bought are feeling the heat..... More »
Canadian banks’ mortgage-rate increases could trigger rise in qualifying rate, analysts sayThe central bank’s conventional mortgage five-year rate, which is updated weekly, was 5.14 per cent as of May 2.

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Mortgage up for renewal? Read this firstNew mortgage rules and higher interest rates may make it more difficult for you to renew your mortgage.

Continue Reading On thestar.com »

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