Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
Banker to Broker – II + MORE Oct 20th
In this second instalment of our three-part series on bankers becoming brokers, we interview Scott Westlake from Dominion Lending Centres, Denova Group. Westlake started in the mortgage business in 2008 as an RBC mortgage specialist. He left the bank in 2011 to become a founding partner of Denova Gr.... More »
Latest in Mortgage News: Industry Announcements + MORE Jan 17th
Equitable Bank Improves Reverse Mortgage Process Reverse mortgage clients of Equitable Bank can expect a quicker and less expensive closing process, according the the bank. Equitable, one of just two reverse mortgage providers in Canada, announced the launch of its new closing process this week. The.... More »
A Fresh Financial Start Apr 25th
It’s been a week of change for your finances, from new savings options announced in the government’s budget to a wave of price reductions for auto insurance customers. Will your piggy bank come out on top? Read on to see how these updates will affect your bottom line.
INFOGRAPHIC: The Perfect P.... More »
Is your mortgage up for renewal during the pandemic? Here’s what you need to know Sep 8th
First things first: If you’re staying with your existing lender, then you typically don’t have to requalify..... More »
Latest in Mortgage News: 4 in 10 Buyers Open to Purchasing a Home “Virtually” + MORE Jun 13th
Social distancing restrictions in place for the past few months have transformed the way homes are bought and sold, with many showings now taking place “virtually.” And many homebuyers—42%, to be exact—are just fine with that, according to a recent survey by the Ontario Real Estate A.... More »
Jim Flaherty: In Memoriam Of the Former Finance Minister
– ratesupermarket.ca
Former Finance Minister Jim Flaherty passed away unexpectedly this Thursday, April 10, at the age of 64. His passing comes only eight weeks after his resignation from government, and marks the end of an era as he has been one of the most influential people behind Canada’s economic development.
“Canadians owe Jim Flaherty a great debt of gratitude as one of Canada’s longest serving and most successful Ministers of Finance, for it was under his wise and steady leadership during the worst recession since the Depression, that Canada escaped the far more devastating impact experienced by the US, UK and Europe,” says Dr. Ian Lee, who worked with Flaherty at the 2009 and 2010 Pre Budget Consultations.
We have written about Flaherty’s impact on the economy and mortgage market many times on Money Wise. Here, we pay our respects with a retrospective of his accomplishments and career as one of the longest-acting finance ministers in Canadian history.
A Lifetime of Service
A former MPP for Whitby-Ajax, Flaherty was first elected to public office in 2006 and held his post as Finance Minister until March 18 – the longest anyone has served in the position…
Watch “MortgageLetdown SteveGarganis” on YouTube
– canadamortgagenews.ca
MortgageLetdown SteveGarganis: https://youtu.be/nzuK3pG0Oyw Check out this short video message I call ‘Mortgage Letdown’. I’ll bet most of us can relate. Steve Garganis 416 224 0114 Steve@mortgagenow.ca
