Mortgage market

Mortgage market

Thirty-year Mortgages

Canada’s banking regulator is still monitoring 30-year mortgages, the head of Canada’s financial regulator told a conference of mortgage brokers in Toronto on Monday. In recent years there has been a shift in the marketplace, with lenders offering more 30-year amortizations, and that’s something that the regulator is studying, Julie Dickson, the head of the [...]

By |2017-01-04T01:02:18+00:00November 26th, 2013|Economy|0 Comments

Canadian Mortgage Rules

Changing regulations in Canada’s mortgage market Since 2008, the federal government has made several changes to the rules for mortgages insured through the Canada Mortgage and Housing Corporation (CMHC) and other private sector mortgage insurance providers. These rules affect home buyers with less than a 20 per cent down payment and these changes will impact [...]

By |2017-01-04T01:02:19+00:00October 31st, 2013|Mortgage Tips|0 Comments

10 Great reasons to use a Mortgage Broker

1. Get independent advice on your financial option As Independent Mortgage Brokers and Mortgage Associates, we're not tied to any one lender or range of products. Our goal is to help you successfully finance your home or property. We'll start by getting to know you and your homeownership goals. We'll make a recommendation, drawing from [...]

By |2017-01-04T01:02:26+00:00February 19th, 2013|Mortgage Tips|0 Comments