The bulk of Canada’s 400+ prime mortgage lenders are smaller institutions. (That number includes credit unions.) At any given time,... Read More
Ever since the credit crisis, there’s been an ongoing clampdown on mortgage risk. Nowhere is that more evident than with... Read More
The attached video is a chat I had a few weeks back with Elizabeth Wilson, Editor of REW.ca. We covered... Read More
As most know by now, the government will ban insured refinances over 85% loan-to-value on March 18. This has raised... Read More
Apart from peoples’ desire to front-run mortgage rule changes, nothing drives mortgage volumes like a rate increase, or the threat... Read More
With so many people rushing to lock in fixed rates, many lenders are seeing record volumes. As a result, underwriting... Read More
Shorter amortizations can cost you less interest and help you pay off your mortgage sooner. If that’s a revelation to... Read More
Falling mortgage rates have been one of the biggest single factors escalating home prices. So as rates reverse higher—assuming it’s... Read More
47% of Canadians say eating out less would help them save more.¹ Sounds logical. Frequent diners can drop $100+ a... Read More
Moshe Milevsky is one of the most respected mortgage commentators in the country. A few months ago he had words... Read More