Tag: interest rate

mortgage broker

Mortgage brokers offer different options than banks

By: The Super Broker

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 …

Canadians more optimistic regarding household debt

By: The Super Broker

A report from PricewaterhouseCoopers spotlights new trends in Canadian views on debt, as well as the impact of mortgage restrictions on the real estate market.

approved

Pre-approvals and rate holds in home loans

By: The Super Broker

When it comes to getting a home mortgage approved, "pre-approval" can be one of the trickiest factors in determining mortgage rates. With the housing market always at least somewhat in flux, many people looking to buy turn to pre-approval as a way to find a preferred rate as they search for a home. But even …

low rate high price

Low mortgage rates can offset high prices

By: The Super Broker

While rising home prices are good news for sellers and buyers seeking a sound investment, they can also make it that much harder for some Canadians to enter into homeownership.

Flaherty says government intervention is done, others say differently

By: The Super Broker

While many industry observers feel that the mortgage restrictions put in place by Finance Minister Jim Flaherty could lead to a crash in the Canadian real estate market, Flaherty feels that current figures are a positive sign, according to Financial Post. "I'm comfortable about where we are," he told Julian Beltrame of the Canadian Press. "I'm …

Mortgage brokers express concerns over industry

By: The Super Broker

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 …

Paying off a mortgage faster

By: The Super Broker

Data from the Canadian Imperial Bank of Commerce shows that Canadian borrowers believe it will take them longer than previously thought to pay off their mortgages.

1 year mortgage

Dissecting the one-year mortgage

By: The Super Broker

Many Canadian homebuyers know of long-term mortgage offerings, but not many know that they can take advantage of a one-year mortgage.

Homebuyers should invest now

By: The Super Broker

Despite mortgage rates remaining near all-time lows, many Canadians are not planning on taking the plunge into homeownership any time soon.

Compare. Calculate. Apply today.
Compare Mortgage RatesMortgage CalculatorsApply for a Mortgage