General

With continued talk of Canadian housing imbalances, the evolving oil shock and the Bank of Canada’s surprise rate cut, there’s been no shortage of opinion

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

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

Definition: Hawkish describes a stance or outlook on economic policy, particularly in relation to interest rates, that favours tighter or more restrictive measures to control

Definition:Underwriting is the process by which a financial institution or lender evaluates the risk of insuring or lending money to an individual, business, or entity.

Definition:Rate bias refers to the practice where lenders, financial institutions, or other entities apply different interest rates or loan terms to borrowers based on certain

Definition: In the context of mortgages, equity represents the portion of a property’s value that the homeowner actually owns, as opposed to what is still

Definition:A variable rate mortgage (VRM) is a type of home loan where the interest rate fluctuates over time, typically in line with a benchmark interest

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

A readvanceable mortgage lets you reborrow the principal you pay off each month. A readvanceable mortgage has two parts: 1. A “mortgage” portion 2. A