Key Mortgage consumer Survey Results Canadian homebuyers are showing “a high level of financial literacy,” according to Canada Mortgage and Housing Corporation’s (CMHC’s) 2011 Mortgage Consumer Survey that found both high levels of research and a determination to pay off mortgages quickly. The survey said 75% of
Learn More →Welcome to the February issue of my monthly newsletter! This month’s edition examines the new mortgage rules, as well offers tips for tackling debt. Please let me know if you have any questions or feedback regarding anything outlined below. Thanks again for your continued support and referrals!
Learn More →What’s the Trick to a Better Mortgage Rate? Have you ever wondered why banks have posted mortgage rates, yet they’re willing to offer mortgages below these interest rates to some borrowers? The Bank of Canada (BoC) wanted to find out how consumers can get the very best
Learn More →Flexible Downpayment Options With interest rates still sitting near historically low levels – with nowhere to go but up – now is an ideal time for first-time homebuyers to embark upon homeownership. But if low interest rates still don’t tip the scales on your decision to enter
Learn More →Canadian mortgage market stabilizes The good news is, home-buying levels in Canada have rebounded to where they were before the recent recession and those who had their mortgages renewed over the past 12 months say they are now paying a lower interest rate. Canadians say they are
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