A top mortgage company official we know believes Canada’s commercial paper market will not return to normal for at least...
Month: August 2007
The snowball is picking up speed. More Canadian lenders are joining their competitors in discontinuing higher risk subprime mortgages. This...
Investors are demanding higher rates of return on Canadian mortgage-backed securities. Here’s a great article from MyNext Mortgage’s Boris Kogut that...
It’s getting tougher for “credit-challenged” Canadians to get mortgages at decent interest rates. GMAC Residential Funding of Canada, MCAP Financial and N-Brook...
You rarely see more euphemisms than in real estate ads. Fraser Beach knows how to cut through it though. Check...
The Canadian Real Estate Association (CREA) was a “little” shy on this year’s home sales estimates. In May they forecast...
Our product knowledge was recently put to the test in a comparison we did on Smith Manoeuvre mortgages. In cases...
5-year bond yields have slid over 1/2% since June 12. Meanwhile, more lenders are raising their 5-year fixed rates than...
Here’s another article on how the Bank of Canada is torn between raising rates and not raising rates. It’s amazing...