Variable Mortgage Rate Hike Forecast Dampened
CIBC world markets has trimmed their forecast for a Bank of Canada rate hike in coming months. The reasons for changing their […]
Canadian Dollar Continues to Increase in Value, Effect on Mortgages
The Canadian dollar continued to go up in value, reaching 98 cents US yesterday for the first time since May. This is […]
Real Estate Owners, Mortgage Brokers and Home Buyers due for a "Reality Check"
Today I got this article come across my desk from the Financial Post talking about the “new reality” that everyone in the […]
Real Estate Prices and Sales Down in Vancouver
The mortgage news of the day today is that the Canadian housing market has cooled down considerably the past couple months compared […]
Online Mortgage Applications - Do You Know Who You Are Dealing With?
A question that I often receive when meeting with mortgage clients is “why is it that you do not have an online […]
Another Debate on Variable vs. Fixed Mortgages
In this article in the Financial Post, the age old debate of variable rate mortgages vs. fixed rate mortgages is raised…yet again. […]
West coast couple stakes it all on property - Alternative Analysis from a Mortgage Broker
I came across this article today in the Financial Post, in which a financial planner breaks down the situation of a volunteer […]
ICICI Bank Joins The Mortgage Broker Channel
Although I had heard of ICICI Bank previously, we as mortgage brokers did not have access to them for our clients, and […]
Slow US Economy Could Affect Canada Variable Rates
Further to my comments yesterday about continuing to recommend variable rate mortgages to clients, there is a new story about the Chairman […]
Bank of Canada increases Prime Lending Rate, Affecting Variable Rate Mortgages
As widely anticipated, the Bank of Canada today increased its prime rate to 2.75%, affecting variable mortgages. The Bank of Canada is […]