Tango Financial Becomes Latest Mega-Brokerage + MORE Jan 20th

Learn more about Canadian mortgage rates, rules and the latest news – read on!
Latest News

CMHC says annual pace of housing starts slowed in September Oct 10th

The annual pace of Canadian housing starts fell to their lowest level in nearly two years in September. Canada Mortgage and Housing Corp. says the seasonally adjusted annual rate came in at 188,683 units last month, down from 198,843 in August..... More »

CMHC moves to make it easier for self-employed to get a mortgage Jul 23rd

Self-employed Canadians seeking to buy a home may soon find it easier to secure a mortgage in the wake of changes announced by Canada Mortgage and Housing Corp..... More »

Customer says BMO ignored her plea to cap limit on joint line of credit with ex: debt more than doubles + MORE Apr 9th

An Ontario woman says she is furious that her bank repeatedly increased the limit on a joint line of credit she had with her then-husband, allowing him to rack up debt for which she is responsible. She wants banks to have to get permission before increasing a customer's line of credi.... More »
mortgage

Packing Less Punch: Millennials’ Home Purchasing Power Drops by $40K due to New Stress Test Rules + MORE May 6th

Millennials looking to purchase new property across Canada this year are going to have to settle for less. The average peak millennial’s purchasing power in Canada is 16.5 per cent lower than it was at this time last year, meaning they qualify for a mortgage of about $40,000 less than before. The.... More »
 home

How to Improve Your Credit Score – Student Edition + MORE Sep 15th

The new school year is in full swing and if you’re a university or college student, then you’ve probably already settled comfortably into your new routine and dorm room. As you buy books, begin assignments and make new friends, the last thing you’re likely thinking about is your credit. But.... More »

Tango Financial Becomes Latest Mega-Brokerage

– canadianmortgagetrends.com

The trend of consolidation in Canada’s mortgage industry continues. Tango Financial is the latest mega-brokerage. The company is an amalgamation of Paragon Mortgage Inc., Premiere Mortgage Centre and Compass Mortgage Group, which announced a merger agreement last week. The three firms will remain autonomous under the umbrella of Tango, with Don MacVicar of Premiere Mortgage […]

Continue Reading On canadianmortgagetrends.com »

What to expect from rising interest ratesIs now the time to lock in your mortgage? Here’s what to look for when it comes to debt and saving.

Continue Reading On thestar.com »

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