Stop Worrying About The Housing Market

EditorFinancial Tips, General Interest, Home Insurance, Household Budget, Mortgage Down Payment, Mortgage News, Mortgage Term, Residential Mortgages

It’s no secret that the Canadian housing market has been a bit volatile as of late. In certain portions of the country, prices are hot, hot, hot. Price bidding is common in Vancouver, and Toronto and Montreal are both posting record sales numbers. And yet, everywhere you look, experts keep warning of an impending bubble. So, what’s the deal? Is … Read More

Buyers Doubt Mortgage Rates Will Rise This Year, Financial Tips, General Interest, Mortgage Term, Mortgage Types, Real Estate Advice, Residential Mortgages

Looks like fewer people are buying into the idea that mortgage rates are going to increase in 2013. This according to a studying by CIBC released in mid-March. The study showed that almost half (46 percent) of Canadian homebuyers believe that the near-record low mortgage rates of today are going to stick around for at least another 12 months. That’s … Read More

Housing and the Big, Bad Budget, Financial Tips, General Interest, Mortgage Down Payment, Mortgage Insurance, Mortgage News

A lot has been said about Thursday’s budget announcement. From Flaherty’s shoe selection to a vague job-training program, many Canadian’s were left slightly confused following the much-anticipated announcement. With that being said, Flaherty’s eighth (and potentially final) budget announcement could have been worse, especially for the mortgage industry. Thursday’s budget included a tightening of controls on mortgage lending once again, … Read More

What to Know Before You Get an Investment Property Mortgage

EditorAbout Mortgage Brokers,, Financial Tips, First Time Home Owner, General Interest, Mortgage News, Mortgage Term, Mortgage Types, Residential Mortgages

Investing in property has long been a great way to diversify your portfolio and improve your long term returns. Unfortunately, recent rule changes have changed the playing field for many potential real estate investors. While buyers used to be able to purchase an investment property with very little down and still receive a great rate, current hiccups in the market … Read More