CAAMP Releases Highlights From Fall 2011 Consumer and Industry Surveys

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The focus of these surveys was to gather Canadians’ opinions of the mortgage industry. The report includes specific questions on experiences with their mortgage professional as well as information and feedback from industry members. The survey results were presented by Maritz Research at Mortgage Forum 2011 in Toronto. Click here to review the entire report.

CAAMP Report Finds Canadian Consumers Believe They Have Too Much Debt

EditorAbout Mortgage Brokers, Agricultural Mortgages, Commercial Mortgages, First Time Home Owner, General Interest, Mortgage News, Mortgage Term, Mortgage Types, Refinancing my Property, Residential Mortgages

The seventh annual State of the Residential Mortgage Market report, conducted by CAAMP (the Canadian Association of Accredited Mortgage Professionals) has found that consumers are worried about debt. The report, which included survey data from 2,000 Canadians (half of which were homeowners), asked participants to what extent they agree with various statements based on a 10-point scale: a response of 10 … Read More

Saving Strategies for Canadian Homeowners

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Save Smart: How to Manage Money and a Mortgage According to a recent Canadian Payroll Association survey, nearly 60% of Canadians don’t have enough money in the bank to cover even one month’s worth of necessary expenses. Too many homeowners are living on the edge of financial disaster, spending money that they should be saving. If you’re finding it difficult … Read More

Mortgage Rates Stay Low – But For How Long?

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  Bank of Canada Governor, Mark Carney, confirmed on Wednesday that he has no immediate intentions to raise mortgage rates; however, Carney did confirm that “some” of the stimulus currently bolstering the system would be “eventually withdrawn.”  Carney made these statements following the release of fresh data from the Canadian Real Estate Association stating that some of Canada’s urban housing … Read More