Category: News

Are Mortgage Rates Going Up In 2021?

Are Mortgage Rates Going Up In 2021?

With the pandemic affecting many in different ways, the surprising consistency and growth of the Canadian housing market throughout 2020 and early 2021 has experts stunned. Though many factors play a part in this, the outcome is as expected: home prices have skyrocketed in urban centers and local markets are running red-hot!  According to BNN […]

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The Benefits and Risks of Co-Signing for a Mortgage

The Benefits and Risks of Co-Signing for a Mortgage

Thanks to tighter mortgage qualification rules and higher-priced real estate — particularly in the greater Vancouver and Toronto areas — it’s not always easy to qualify for a mortgage on your own merits. You may very well have a great job, a decent income, a husky down payment, and perfect credit, but that still may […]

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The Explosion Of Alternative Mortgage Lending Sources

The Explosion Of Alternative Mortgage Lending Sources

The value of Canada’s non-bank residential mortgages skyrocketed by more than 10 times in the period 2007-2018, according to Statistics Canada data released last week — a much more rapid increase than residential property values. The data suggest that more and more residential mortgage consumers have been turning away from the big banks and credit unions to […]

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Facts About Alternative Mortgage Lenders

Facts About Alternative Mortgage Lenders

Everyone likes to believe that they will qualify for the best rates and terms when they start shopping for a mortgage, but this isn’t always a reality. Most residential mortgages will fit into three categories: “A” lenders – Chartered banks, credit unions, and monoline mortgage companies. These lenders offer the best rates and terms including […]

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