Topic: Residential Mortgages

In the last three months, more than 14,000 different mortgage brokers and 77 lenders used Filogix Expert to submit their mortgage applications in Canada.

Canadians believe that people are taking on too much debt, yet believe that they are handling their own finances responsibly.

Housing values in Canada are merely “overvalued”, not facing a housing bubble on the verge of bursting.

A growing number of Canadians are negotiating lower than advertised rates.

Imagine a mortgage calculator so comprehensive that the least expensive route to home ownership becomes tangible before a commitment is made

CERA’s 101 board representatives voted in overwhelming favour on an agreement that aims to eliminate anti-competitive rules in the home selling arena.

What is TD’s strategy to stay afloat in a competitive mortgage market which has seen the Canadian home buyer’s business increasingly shifted towards mortgage brokers?

More than half of the baby boomer generation has paid off less than 50 per cent of their current mortgage.

A reverse mortgage frees the equity you have built in your home with very little out of pocket expense – as little as $300 to $600 so long as no title issues are attributed to your property.

12 per cent of Canadian mortgage holders opt to lock in to terms longer than five years; is the stability worth the added cost?