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.

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 borrower should be approved for

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

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

Variable rate mortgage.

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