Some new and innovative mortgage products have recently emerged to help Canadians manage the current high interest rate environment, perhaps most talked-about being True North Mortgages 1-year 4.99% fixed rate term.
While private mortgage providers may offer higher interest rates, they can be an attractive option for homebuyers unable to secure financing through A lenders.
Reverse mortgages have long been a financial product shrouded in misconception, both for consumers and financial mortgage professionals.
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As Canada’s housing market continues to grow, self-employed homebuyers have emerged as a segment that simply cannot be ignored.
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Even though prospective homeowners usually pay for their home appraisal, many remain unaware that they typically won’t receive a copy of it.
more Canadians are now turning to co-ownership as a means to combat housing in-affordability.
In today’s challenging economic climate, it’s more important than ever to stay top of mind with clients to expand your reach and grow your business.
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To continue growing their business, savvy brokers will need to expand their product offerings and offer lending solutions that meet their clients’ changing needs. The CHIP Reverse Mortgage by HomeEquity Bank is a solution that is tailor-made for the shifting economic climate.
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There was a simple but important lesson for mortgage brokers in CMHC's 2023 Consumer Survey released Wednesday: follow-up contact leads to more satisfied clients.
Virtually every client to whom Nicole Hayes recommends Manulife One ultimately chooses it as their mortgage product. They are also...
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