With continued talk of Canadian housing imbalances, the evolving oil shock and the Bank of Canada’s surprise rate cut, there’s...

Over seven years ago my wife and I started this site. We had no idea where it would go, or...

From our CMT family to yours, have a wonderful memorable holiday with family and friends. The mortgage industry remains closed...

Hawkish means favouring higher interest rates. The Bank of Canada typically gets hawkish if inflation threatens to exceed the Bank’s target....

The process of examining all the data about a borrower’s credit profile, resources, employment, and property to determine whether the...

The direction which the Bank of Canada indicates (or hints) that it is inclined to move its key interest rate....

The difference between a property’s lending value (i.e., the purchase price or market value) and the value of all mortgages...

Variable rate mortgage....

The fourth quarter of 2012 brought substantial market share changes among the top 10 mortgage broker lenders. Scotiabank and First National,...

A readvanceable mortgage lets you reborrow the principal you pay off each month. A readvanceable mortgage has two parts: 1....