Topic: Residential Mortgages

A new report finds that home values are expected to either remain level or make gains during 2011, which should give renewed confidence to those looking for Canadian home loans.

A recent report from the Auditor General is making mortgage news, as the Municipal Property Assessment Corporation says that it will be working to improve its processes for reviewing home sales when their prices vary from their initial assessments.

Fewer people may be looking to take advantage of low Canadian mortgage rates to move into new homes in the near future, as the latest data from Statistics Canada showed a significant drop in the value of building permits during the month of October.

selecting a fixed-rate five year mortgage term over a variable rate mortgage could grant Canadian mortgagors the best mortgage rates over the next five years

Among Canadian first-time home buyers, the percentage whom employ a mortgage broker has risen from 30 per cent in 2006 to 45 per cent in 2010.

According to Canadian insurance providers, the average Canadian will pay their mortgage in less time than that provided by their amortization through the option of pre-payments.

The Home Ownership course is free, and the payoff of the advice it lends could be exponential.

Logging in will allow Canadian mortgage professionals access to engaging, comprehensive courses from anywhere they wish to access the website from.

TD Canada Trust and RBC have decided to increase mortgage rates on their five-year fixed rates by as much as 25 basis points