Obtaining a mortgage or secured line of credit in Canada at the best rates is often a daunting task. We can help! Read the articles below for more info.
Latest News
It’s Financial Literacy Month Nov 10th
We’re celebrating Financial Literacy Month!
Join Senior Economist, Ted Tsiakopoulos and Mortgage Broker, Steve Garganis Thursday, Nov 12, 2020, at 1:00 PM Eastern Time for a chat about budgets, savings, debt, and more.
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Register Now: https://buff.ly/3lhmUl3
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2018 – Year in Review Jan 2nd
We’re about to turn the page on 2018, and many may feel not a moment too soon. Climbing fixed rates weren’t the only thing making mortgages less accessible in 2018. This was the first full year to measure the impacts of new federal mortgage rules. Provincial policies in B.C. and Ontario also.... More »
How the Government Has Saved the Economy from COVID-19…So Far Jul 25th
Despite deep economic pain caused by the global pandemic, the Canadian economy—and the housing sector in particular—appears to be bouncing back from the near-complete shutdown of society…at least for now. That’s thanks in large part to numerous government measures meant to keep liquidity flo.... More »
Housing and interest rate forecasts for 2025 Dec 30th
As we reflect on 2024, it was a year of resilience and adjustment for Canada’s housing and mortgage market, marked by the Bank of Canada’s pivot to rate cuts after two years of relentless hikes, offering long-awaited relief to borrowers..... More »
What Does High Inflation Mean for Mortgage Rates? + MORE Aug 27th
Canada’s inflation rate came in above expectations last week, rising to its highest level in more than a decade. If above-target inflation persists, it could have ramifications for homeowners in the form of shifting rate-hike expectations. Canada’s inflation rate came in burning hot at 3.... More »
My mission is to help keep mortgage consumers informed!
– canadamortgagenews.ca
Many mortgage brokers and other sales/service professionals keep track of numbers to measure whether we’re on track for growth year-over-year.
So, I did some math. Since becoming a broker in 2004, my team and I have successfully funded more than $920 million in mortgages. That’s a big number, and I’m proud of my accomplishments – but not only because of the monetary value. Of course, everyone has to earn a living, but I also get to help people make their home dreams come true everyday. Now, that is among my proudest accomplishments by far!
For years, I was asked to become a Team Lead and take on mortgage agents to mentor and guide. Finally, five years ago, I put together a team of mortgage professionals at the request of my then corporate head office. And, in 2017, we ranked Top 20 nationally among large teams for funded mortgage volume. Now, here’s something else I’m extremely proud of: helping my team build their individual businesses and succeed!
Where it all began
Prior to becoming a broker, I worked with two of Canada’s largest financial institutions for 15 years…
Tempered Rate Hike Forecasts for 2019
– canadianmortgagetrends.com
Floating-rate mortgage holders who had feared the Bank of Canada’s recent full-steam-ahead view towards continued rate hikes can take a breather—at least for now. The central bank adopted a more dovish stance at yesterday’s rate hold announcement, which confirmed a growing chorus of analysts who now expect the bank to take a slower pace on […]
