Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
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Develop your own plan + MORE Dec 24th
Steward Kinmond, 70, and Barbara Sibbald, 58, in front of their mortgage-free new-build, close to Parliament Hill. (Photography by Jessica Deeks)
Every morning, Barbara Sibbald and her husband Stewart Kinmond gaze out across their big backyard and watch the sunrise. Directly behind them is part of t.... More »
How to improve your credit score with rent payments in Canada + MORE Feb 8th
If you’re renting in Canada, you might not think that your monthly rent payments have anything to do with building your credit score. While home owners can strengthen their credit profile through mortgage payments, renters traditionally haven’t had the same opportunity. After all, paying rent is.... More »
The $13 Billion Question: Will Ottawa’s “Build Canada Homes” Fix Our Broken Housing Market, or Just Build More Problems? + MORE Sep 28th
Another week, another blockbuster announcement from Ottawa aimed at solving our national housing crisis. This time, it’s a shiny new federal agency dubbed “Build Canada Homes,” launched with a cool $13 billion of your money. The promise? To slice through the red tape, leverage public lands, an.... More »
Can a first-time home buyer have a mortgage co-signer? + MORE Sep 17th
If you’re in the market for your first home but need help coming up with the financing, you do have some options, including asking someone to co-sign the mortgage. Involving a third party is probably not what you envisioned for home ownership, but recent interest rate hikes and rising real estate .... More »
Mortgage Career: Equity Financial Trust – AVP, Mortgage Operations + MORE Aug 12th
Company: Equity Financial Trust Position Title: AVP, Mortgage Operations Years of Experience Required: 7 years Location of Position: Toronto, Ontario Applicants may contact: resumes@equityfinancialtrust.com AVP, Mortgage Operations Company Overview: Equity Financial is a publicly traded Canadian fi.... More »
Flaherty in Closing
– canadianmortgagetrends.com
Since 2008 Finance MinisterJim Flaherty has dealt the mortgage business plenty of pain for promised long-term gain. So when news broke Tuesday that he quit, a wave of relief spread…
The New Mortgage Truth?
– ratesupermarket.ca
Are you planning to buy a home this spring? If you’ve been saving for homeownership, especially in one of Canada’s hot urban markets, you’ve likely felt the pinch and panic of rapidly rising home prices. Not only do the latest numbers from CREA find that prices are steadily rising each month, but our RSM pollers unanimously decreed Canadian real estate to be a rip off.
However, a new study has the industry buzzing, as a prominent economist finds the opposite may be true. Read on for our breakdown, along with the week’s top headlines.
Could Canada’s Housing Market Be Undervalued?
Canada’s housing market is too expensive – at least, according to most buyers! Many economists also share the opinion that home prices are too inflated for their own good, and pose a risk to our overall economy.
A new study by CAAMP economist Will Dunning, however, challenges many of these widely accepted beliefs, calling the data into question. Read on for his top arguments.
Read Penelope’s Blog | Could Canada’s Housing Market Be Undervalued?
Debit Fraud – A $38…
