The Broker Channel Gets Another Prime Lender: Strive Capital + MORE Sep 23rd

Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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Bond Yields Are Rising. Are Fixed Mortgage Rates Next? + MORE Sep 29th

Some of Canada's Big 6 banks made headlines last week by lowering fixed mortgage rates, but might they soon have to pull a U-turn?.... More »

Buying vs. Renting: Homeowners Come Out Ahead, Study Says Oct 2nd

Despite higher home prices and larger mortgages, monthly housing costs are currently lower for homeowners—on average—compared to renters..... More »

The Latest in Mortgage News: Ontario Teachers’ Pension Plan to Buy HomeEquity Bank Sep 26th

The Ontario Teachers' Pension Plan Board has taken a major investment stake in Canada's rapidly growing reverse mortgage market with its acquisition of HomeEquity Bank..... More »
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Canada’s best credit cards for people with bad credit 2021 + MORE Oct 14th

Conventional wisdom may lead you to believe that if you have bad credit, you should swear off credit cards. But if you want to improve your credit score, you’ll have to show you can handle credit responsibly—and the only way to do that is (you guessed it) to have a credit card. When used properl.... More »

Mortgage Brokers Get TD’s HELOC, At Last Oct 8th

After well over a decade in the market, TD is finally bringing its popular marquee product to brokers: the TD Home Equity FlexLine HELOC. Mortgage brokers have been bugging TD business development managers for this product for years. Until now, the bank has reserved HELOCs for its proprietary sales .... More »
There’s a new reverse mortgage provider in town. Bloom Finance Company rolled out its reverse mortgage product for Ontario homeowners this week.

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Strive is live. It’s Canada’s latest prime lender in the mortgage broker market.

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Now that the election is in the rear-view mirror, it’s time for our elected officials to get to work implementing their campaign promises—which included making housing more affordable. Indeed, with home prices continuing to rise into the stratosphere, all three major political parties spent a considerable amount of time and energy promoting their “solutions” to help first-time buyers get a foothold in the real estate market.
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Of course, because the Liberals have formed another minority government, they’ll need the support of the other parties to get anything accomplished, which means compromise is a must. So, it’s worthwhile to take a look at where the Liberals, Conservatives and NDP stand on housing policy, and whether their approaches would help you afford your first home…

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