The latest in mortgage news: uninsured posted rates at decade-highs + MORE Mar 11th

Learn more about Canadian mortgage rates, rules and the latest news – read on!
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The best credit cards for newcomers to Canada for 2024 + MORE Feb 2nd

Credit Cards The best credit cards for newcomers to Canada for 2024 As a newcomer, you’ll want a credit card that offers you the best value without having a long Canadian credit history. Here’s a list of our favourite cash back, rewards, low-interest cards and more. .... More »
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Rate hikes, food inflation, mortgage costs: How to get through the cost of living crisis + MORE Jul 18th

No matter the state of your finances, avoiding your fears is not the way forward, experts say. Focus on what you can control..... More »

CMHC consumer survey reveals the importance of follow-up contact by mortgage brokers + MORE May 13th

There was a simple but important lesson for mortgage brokers in CMHC's 2023 Consumer Survey released Wednesday: follow-up contact leads to more satisfied clients..... More »

Should retirees consider a home equity sharing agreement (HESA)? + MORE Jan 30th

Toronto-based Clay Financial recently began accepting applications for a new home equity product called a home equity sharing agreement, or HESA—not to be confused with the HISA, which stands for high-interest savings account. Clay raised seed funding in 2023 and is initially launching the prod.... More »

How retired parents can use the FHSA to help their adult children + MORE Mar 26th

If you’re a retiree or close to retiring, you probably have a paid-off principal residence, or should be close to having one. However, many retirees—including me—have grown children struggling to get onto the first rung of the real estate ladder. Coming up with a down payment is still diffi.... More »
Uninsured posted rates from Canada’s Big 6 banks have skyrocketed over the past year, according to data from the Bank of Canada.

Continue Reading On canadianmortgagetrends.com »

Canada’s largest non-bank lender says it hasn’t seen any signs of stress among its adjustable-rate nor fixed-rate borrowers who are renewing at higher rates.

Continue Reading On canadianmortgagetrends.com »

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