Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
Solving Canada's National Housing Crisis Begins At Home + MORE Oct 4th
Canada has recently been held up as a shining example of a progressive nation. Just while countries across the Atlantic and south of the border appear to be adopting a more closed door attitude, Canada is forging ahead with inclusive policy and getting recognition for doing what's right.
This po.... More »
Big Bank Mortgage Rates Rising: What it Means for You May 3rd
Four of Canada’s Big Six banks have now raised their posted mortgage rates since last week, sparking concern by homebuyers and existing homeowners about the implications. TD kicked off this round of rate increases last week by raising its various mortgage terms, including an astounding 45-bps .... More »
How to buy a home the right way, according to CMHC + MORE Mar 1st
Canada Mortgage and Housing Corp. has updated its free guide to the process of buying a home, with an emphasis on encouraging Canadians to think long term about what kind of home they should buy — or whether they would be better off renting..... More »
US MBS Selloff – The Canadian Impact + MORE Apr 15th
In 2008, when the housing crisis in the U.S. was threatening to bring down the global economy, one of the moves the U.S. government made to temper the damage was to buy up an unprecedented $1.25-trillion worth of mortgage-backed securities (MBS). The taxpayers footed the bill for the purchase, whic.... More »
You Lawyer May Be Overcharging You Jun 13th
Picture this: you’re buying a home or refinancing your mortgage. You hire a lawyer to facilitate the transaction. You decide to go with a mortgage that is NOT through one of the big six banks, like hundreds of thousands of Canadians do every year. Suddenly, you get a call from your lawyer. They wa.... 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
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
