Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News
Mortgage Marketing: Starting on a Shoestring Budget + MORE Jun 5th
By Jackson Middleton, Special to CMT If you’re just getting started as a mortgage broker, I hope I’m not the first to tell you that this is one tough business. Success doesn’t come easy and it’s a long way to the rainbow’s pot of gold. Successful brokers are very wel.... More »
Big Banks Announce Mortgage Deferral Relief for Homeowners + MORE Mar 20th
Canada’s big banks announced this week that those struggling due to the COVID-19 crisis will be able to defer their mortgage payments for up to six months. The coordinated announcement came from the Bank of Montreal, CIBC, National Bank of Canada, RBC Royal Bank, Scotiabank and TD Bank, and will b.... 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 »
Ottawa's housing market stable according to CMHC, national outlook less certain + MORE Oct 28th
Canada’s housing market watchdog sounded alarm bells about the price of housing in several markets across the country Wednesday, claiming that overvaluation and overbuilding in markets like Toronto and Vancouver are finally showing cause for concern. Canada Mortgage and Housing Corporation (CM.... More »
TD returns to positive earnings, but mortgage stress grows + MORE Aug 29th
TD Bank returned to profit in the third quarter after a loss in Q2 tied to U.S. regulatory and restructuring charges, even as rising mortgage delinquencies pointed to mounting household strain..... More »
Up to 40 per cent of Canadian households with mortgages are accelerating their payments, which makes the housing market much more stable than thought, a CIBC report finds.Spending Season Savvy
– ratesupermarket.ca
Forget the sweater weather and pumpkin spice lattes – fall is spending season; from back-school to trick-or-treat, it seems there’s a reason each week to go beyond the budget. It takes real consumer savvy to keep autumn costs down – so this week, MoneyWise brings you ways to save in the kitchen, in your wallet, and on your house hunt. Read on for today’s top headlines.
In Mortgages: The 7-Year Itch: Is Your Condo Built to Last?
Condos are booming in Canada, especially in big urban centres like Toronto. But as developers race against steep demand, are they sacrificing quality? Recent headlines of falling glass and shoddy workmanship have many cautious buyers second guessing their condo purchase.
How can you tell if your new condo will outlast its warranty? Read on for our tips on selecting a solidly-built home.
Read Rubina’s Blog | Is Your Condo Built to Last?>
In Credit Cards: Costco Credit Card Switch: Are Consumers Missing Out?
Wholesale club retailer Costco changed up its credit card rewards partnerships this year, switching from American Express to MasterCard as the officially accepted card in store…
Working with Self-Employed Clients
– canadianmortgagetrends.com
Nick Tsimidis, Special to CMT Self-employed borrowers have long been perceived as higher-risk applicants. It’s not surprising that they took it on the chin when the government started tightening mortgage rules. That’s unfortunate, however, because this segment includes more people than one may think: lawyers, architects, accountants, contractors, mortgage professionals, investors and so on. From my experience, […]
Mortgage Career: Zolo Mortgages Ltd.
– canadianmortgagetrends.com
Company: Zolo Mortgages Ltd. Position: Mortgage Agent Location: Toronto, ON Mortgage Agent Join the Zolo Mortgage Team Become a Zolo Mortgage Agent or Broker Free Exclusive leads! Over 100 fresh leads a week generated by our own, free, leading edge, real estate listing site visited by over 600,000 people monthly. Direct access to our 75 Zolo […]
Mortgage Career: CAAMP
– canadianmortgagetrends.com
Company: CAAMP Position: Director of Marketing and Communications Location: Toronto, ON Advertise your mortgage job opening today! Click here to post. Or browse CMT’s Mortgage Jobs Database. Director, Marketing and Communications Opportunity CAAMP is the leading association representing the mortgage broker channel. CAAMP’s membership is drawn from every province and from all industry sectors. This […]
