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
Canadians Ill-Prepared for a Rate Hike; Unprecedented Debt Imminent + MORE Jun 29th
A new report finds Canadians are facing a future where an unprecedented amount of household income will go towards debt servicing.
The Household Indebtedness and Financial Vulnerability report by the Parliamentary Budget Officer is raising concerns on the level of household debt amongst Canadians. .... More »
Can life annuities mimic pensions? + MORE Jul 10th
Darren would like a worry-free retirement. So he wonders if life annuities would allow him to match his wife’s public-sector pension plan. “I want to be sure I’ll have income for the rest of my life, no matter what happens to the markets,” he says. “Essentially, I want a pension, [without .... More »
CMLS Financial + MORE Apr 16th
Company: CMLS Financial Position: Sales Administrator, Residential Mortgages Location: Toronto, ON Sales Administrator, Residential Mortgages Years of Experience Required: 2+ Are licenses or registrations required? No How should candidates contact you? Candidates can apply to careers@cmls.ca .... More »
Inheritance coming your way this year? Planning for it means you won’t waste it Jan 9th
Set life goals, think of the present and future, weigh your contribution to the mortgage, and earn interest all the while, says Lesley-Anne Scorgie..... More »
Stock pick: Easyhome Ltd. is an attractively valued “cash flow machine” + MORE Feb 3rd
If you’re searching for a stock to add to your RRSP portfolio—the deadline is only a month away—consider Easyhome Ltd. (TSX: EH), a small-cap financial company-based in Mississauga.
It’s a little riskier than holding a big bank in your retirement account, but if you don’t mind owning a $20.... More »
Spotlight On Mortgages: July 5, 2013
– ratesupermarket.ca
Knowledge Is Power To Canadian Mortgage Shoppers
Canadians want to take a savvier approach to the mortgage process, valuing research resources and advice from mortgage professionals, according to the latest survey released by The Canadian Mortgage and Housing Corporation (CMHC).
The 2013 Mortgage Consumer Survey included the responses from 2,951 consumers who had completed a mortgage transaction within the past 12 months. The findings show consumers are becoming increasingly willing to research additional mortgage options to get a better deal, resulting in a shift in lender loyalty and online shoppers.
The Internet Is a Powerful Mortgage Tool
The lowest mortgage rate continues to be the main motivation for shoppers and they’re heading online to find it; CMHC found that a full 84 per cent of mortgage shoppers searched online for the best interest rates, while 63 per cent also turned to the Internet to learn more about their additional mortgage options. In total, 59 per cent of all mortgage buyers compared their mortgage rates in some manner…
