Tag: home buyer
It seems like not a week goes by that a major news story doesn’t rock the Canadian real estate market regarding mortgage rates.
Canadian realtors are forecasting a price drop across Canada for the first time since 2008. They blame the new mortgage regulations brought in by the federal government in the last quarter of 2016.
When considering financing options for home buying, borrowers have two options: a bank or a mortgage broker. According to the Eastern Morning Herald, Canadians are looking for the best possible mortgage rates. The statistics show that as Canada's housing market continues to recover from the global recession in 2008, mortgage brokers are favored for helping …
Everyone makes mistakes, but when it comes to buying a home, those mistakes can be costly.
Data from a Canadian Mortgage Professional poll provides a special insight into what issues facing the current real estate market most concern mortgage brokers. "No, the sky isn't falling, say the majority of brokers responding to CMP's fifth-annual Sentiment Poll, but their answers – recorded over a six-month period ending early March – suggest headroom is …
The results of a new survey among Canadian homeowners reveals that finding a mortgage can be a time-consuming process for some. However, resources exist to make the process easier and more affordable in the long run.