Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
How much you need to earn to afford a home in Toronto and the GTA + MORE Mar 22nd
Looking at the Toronto housing market through a lens of percentages, shifting sales numbers and interest rates may be the go-to method for industry insiders, but for many run-of-the-mill buyers, there’s really one thing that matters: “What kind of home can I afford?”
To help answer that que.... More »
Insights From A Top Canadian Economist: Part 2 + MORE Nov 4th
Canadian economist Benjamin Tal’s presentation at the National Mortgage Brokers Conference was eye-opening. In it, he posited a holistic view of what’s happening with the Canadian economy and what we can expect to happen next. He’s rarely been wrong in the 20 years I’ve been following him &#.... More »
Scotiabank’s return to competitive mortgage pricing is “huge” for brokers + MORE Aug 2nd
Scotiabank is back. After “intentionally slowing” its mortgage portfolio last year due to funding constraints, Scotiabank has announced to its broker partners that its competitive pricing is back, along with an expanded retail package program. As Ron Butler of Butler Mortgage described, .... More »
The Latest in Mortgage News – The Stats Are In Apr 30th
There have been a number of reports released over the past few weeks that have provided some interesting insight into the state of the housing and mortgage markets. New reports have touched on everything from 2018 renewal rates, foreign buyer statistics and credit quality to the latest financial cru.... More »
BoC official warns against playing with mortgage rules to make housing affordable + MORE Nov 9th
The Bank of Canada’s senior deputy governor is warning against adjusting mortgage rules to try to make the prospect of homeownership more affordable..... More »
What’s in Store for Global Bond Yields?
– ratesupermarket.ca
As low inflation and decreased GDP continue to be global concerns, there is much speculation over the future of the bond market. Currently, in some economies, bonds are yielding less than 0 per cent as a result of Europe and Asia’s sluggish economic growth. This raises an alarm for investors to expect a long period of deflation or decreased growth. There is also an increased possibility of some countries having to bring in further measures like quantitative easing to keep their economy running. With yields so low, what is keeping investors in bonds? And what should Canadians brace for?
Also read: ‘Tis the Season for a Rate Hold – November Mortgage Rate Outlook Panel>
Safety Driving Investors to Bonds
Regardless of monetary policy uncertainty, bonds are still considered a safe investment. With market volatility continuing to plague markets around the world, investors want to know their money is safe and are willing to take no to little return in order to guarantee their principal…
New From the Expo
– canadianmortgagetrends.com
Mortgage Forum 2015, the nation’s largest mortgage convention, has come to a close. It’s been an active three days of learning, seeing old faces, recognizing industry leaders and digesting ample food and drink. Like usual, however, our favourite part of the event is trolling the expo floor. That’s where you see what’s new and innovative with the country’s mortgage lenders and suppliers. If we had to name just one product trend this year, it would be non-prime bundle mortgages (i.e., combined first and second mortgages) to 85% loan-to-value. This year we counted no less than seven lenders advertising bundles. But there was READ MORE
The Bridg Group of Companies
– canadianmortgagetrends.com
Company: The Bridg Group of Companies Position: Mortgage Underwriter/Agent Location: Woodbridge (Vaughan), ON Mortgage Underwriter/Agent The professionalism and talent of our employees is what makes The Bridg Group of Companies a successful organization. As a leading provider of Mortgages and Mortgage Investments services, we depend upon the performance, service, and support of many different business units. A successful candidate will be resourceful with an energetic demeanor and maintain a proven track record of providing outstanding assistance to our clients and the team. We are looking for a Mortgage Underwriter/Agent seeking a rewarding career. Successful applicant will process mortgage transactions from READ MORE
