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

Learn more about Canadian mortgage rates, rules and the latest news – read on!
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Can I cancel my mortgage life insurance? It’s too costly + MORE Jan 26th

Q: My daughter and her husband did not earn enough, so my wife and I decided that we would help them by putting her name on the mortgage for the purchase of a new-build condo in Hamilton, Ontario. We opted to go with RBC and the mortgage was approved at a rate of 2.65%. In order to get the mortgage.... More »
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Laurentian Bank’s review of problematic mortgages to finish in Q2 + MORE Mar 1st

MONTREAL _ Laurentian Bank expects to complete its review of problematic loans sold to an unnamed lender by the fiscal second quarter, and will fix or repurchase any remaining mortgages that failed to meet the proper criteria. The Montreal-based lender _ which said late last year it discovered mortg.... More »
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BREAKING: Ontario Car Insurance Rates Increase + MORE Apr 21st

Here at RateSupermaket.ca, we keep you in the loop of different ways to save, whether it be on your mortgage, through investments, or on your car insurance. The Financial Services Commission of Ontario (FSCO) has reported that Ontario car insurance rates have increased by 2.23 per cent on average.... More »

What’s Driving Canadian Homebuyers? Feb 16th

Mortgage rule changes and increasing interest rates—surprisingly—weren’t the top motivators for prospective homebuyers in 2017, according to a new survey from the Canada Mortgage and Housing Corporation (CMHC). Instead, the 2018 Prospective Home Buyers Survey found that improved accessibil.... More »

Stress Test Causing National Housing Slump: CREA May 21st

The Canadian Real Estate Association (CREA) blames the mortgage stress test introduced in January for slow activity across the nation in April. The housing market has cooled in all respects from April of last year, when the market peaked: the average sale price declined by 11.3 per cent to $495,000,.... 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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