"Last year marked the beginning of a new era for Canadian households," economists at CIBC declared in a report issued in September. For the first time since the early 1990s,…
Steve Huebl NOVEMBER 8, 2018 The word is out on a little-known policy used to qualify anyone with a HELOC who is applying for additional financing.Several of the Big Six…
A recent widely published report by CIBC estimated that a record 47% of all Canadian residential mortgages will come up for renewal in 2018. So, should you renew with your…
Self-employed clients may have had a harder time qualifying for a mortgage in the past as their incomes may vary or be less predictable. I have teamed up with several…
Here is a pretty neat way to find out how much you (or your client) will be able to qualify for, and how much you can afford to purchase. …
There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with…
If you’re looking for a mortgage on a home purchase — or to renew one on a home you already own — is a mortgage broker or a bank your…
The BoC Still Thinks Canadian Real Estate Is More Affordable Today Than In 2008 July 27, 2018 Source: Better Dwelling Unaffordable real estate? The Government has no idea what you’re…
Canadians Feel Little Pain of Rate Hikes - So Far Author: Andrea Hopkins OTTAWA, July 20 (Reuters) - Canadian consumers are feeling little pain from four rate hikes by the…
Just five weeks ago, economists were on TV heralding a July rate hike as interest rates rocketed to seven-year highs. Then the market changed the channel. On Friday morning, Canada’s…