The latest news and tips
Recent reports from two of Canada’s major banks – CIBC and ScotiaBank – offer a glimpse into the world of millennials and home ownership as well as the impact of the Internet on mortgage hunting. Bottom-line: Nearly two-thirds of millennials plan to own a home [...]
The Canadian economy is poised to grow again, but in a very different way according to the Bank of Canada’s (BoC) recently-released Monetary Policy Report. The BoC expects global economic growth to strengthen…. gradually… and modestly.Once again, the U.S. market is impacting growth in Canada. [...]
Do you know what you are being offered on your renewal? Are you searching for the best rate at all cost?
It has come to my attention that there are some pretty funky deals being offered out there. My question to you is....do you know what you are signing up for? Do you understand the details? Prepayments? Do you have the ability to port? Do you [...]
On March 17th, all three mortgage insurers (CMHC, Genworth, Canada Guaranty) are increasing their premiums. This is directly linked to the January default insurer changes instituted by OSFI. In order to get the current premiums for either CMHC, Genworth or Canada Guaranty, your deal will [...]