Sunday, 31 March 2019

Calgary ranks North America’s most affordable housing market

Out of 35 major North American cities studied by Zoocasa, Calgary is the best city for housing affordability.

The post Calgary ranks North America’s most affordable housing market appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/calgary-ranks-north-americas-most-affordable-housing-market/

Toronto real estate ripe for laundering money

In light of renewed concerns about Canadian real estate being used to … the condo prior to closing, so they never really have to close the mortgage.

The post Toronto real estate ripe for laundering money appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/toronto-real-estate-ripe-for-laundering-money/

Survey reveals Calgary as most affordable housing market in North America

Real estate site Zoocasa studied December 2018 median home prices for 30 major US and five Canadian markets and calculated the minimum …

The post Survey reveals Calgary as most affordable housing market in North America appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/survey-reveals-calgary-as-most-affordable-housing-market-in-north-america/

Mortgage Agent in Canada

Job offer: Mortgage Agent in Canada (Job listing #1404348719) ▷ Gigajob Canada has more job openings!

The post <b>Mortgage</b> Agent in <b>Canada</b> appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/mortgage-agent-in-canada/

Saturday, 30 March 2019

BUY CANADIAN REAL ESTATE – No Mortgage – No Qualifying – No Down

Forget Mortgages – qualifying at a bank – big down payments – taking all of the RISK while the big banks and mortgage companies get rich on your …

The post BUY <b>CANADIAN</b> REAL ESTATE – No <b>Mortgage</b> – No Qualifying – No Down appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/buy-canadian-real-estate-no-mortgage-no-qualifying-no-down/

Federal NDP proposes expanding tax on capital gains from investments

The Latest in Mortgage News – An Eye on Real Estate – Mortgage Rates & Mortgage Broker News in Canada – Canadian Mortgage Trends.

The post Federal NDP proposes expanding tax on capital gains from investments appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/federal-ndp-proposes-expanding-tax-on-capital-gains-from-investments/

‘A hellish journey’: NS family stuck paying mortgage on home swallowed by sinkhole

A dream home has turned into a nightmare for a Nova Scotia family, who is now stuck paying the mortgage on the home almost two years after it was …

The post ‘A hellish journey’: NS family stuck paying <b>mortgage</b> on home swallowed by sinkhole appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/a-hellish-journey-ns-family-stuck-paying-mortgage-on-home-swallowed-by-sinkhole/

‘Greed and opportunism’ highlight vulnerabilities in BC immigration case

Kim did not receive Canadian residency and has returned to Korea. … Choi bought the home for $455,000 funded partly by a $200,000 mortgage.

The post ‘Greed and opportunism’ highlight vulnerabilities in BC immigration case appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/greed-and-opportunism-highlight-vulnerabilities-in-bc-immigration-case/

B-20 affecting different markets, surprise, differently

The Canadian Real Estate Board (CREA) reports national homes sales … “For aspiring home buyers being kept on the sidelines by the mortgage …

The post B-20 affecting different markets, surprise, differently appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/b-20-affecting-different-markets-surprise-differently/

Liberal policy failures have blocked young Canadians from achieving homeownership

Foremost is the introduction of the mandatory two percent mortgage stress test in January 2018, which means that Canadians buying a home need to …

The post Liberal policy failures have blocked young <b>Canadians</b> from achieving homeownership appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/liberal-policy-failures-have-blocked-young-canadians-from-achieving-homeownership/

The Latest in Mortgage News – An Eye on Real Estate – Mortgage Rates & Mortgage Broker News …

The Latest in Mortgage News – An Eye on Real Estate – Mortgage Rates & Mortgage Broker News in Canada Canadian Mortgage TrendsA number of …

The post The Latest in <b>Mortgage</b> News – An Eye on Real Estate – <b>Mortgage</b> Rates & <b>Mortgage</b> Broker News … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-latest-in-mortgage-news-an-eye-on-real-estate-mortgage-rates-mortgage-broker-news/

Friday, 29 March 2019

Why the third quarter of 2019 could see a spike in mortgage apps

BCREA has published its latest mortgage rate outlook. … much of 2019 as weaker economic conditions force a hold-steady from the Bank of Canada.

The post Why the third quarter of 2019 could see a spike in <b>mortgage</b> apps appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/why-the-third-quarter-of-2019-could-see-a-spike-in-mortgage-apps/

Canada’s cool kids are turning the country’s tennis fortunes

Where was Canadian tennis just before Angelique Kerber took her …. If some gambling house is willing to make that prop bet, I’ll skip a mortgage …

The post <b>Canada’s</b> cool kids are turning the country’s tennis fortunes appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-cool-kids-are-turning-the-countrys-tennis-fortunes/

2020 presidential candidate Jay Inslee releases tax returns

Among their deductions, the couple noted $8,295 in charitable contributions (about 4 per cent of their total income), $12,422 in home mortgage …

The post 2020 presidential candidate Jay Inslee releases tax returns appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/2020-presidential-candidate-jay-inslee-releases-tax-returns/

Fixed mortgage rates to drop this year: forecast

While the Bank of Canada (BoC) is expected to hold firm on its overnight interest rate, which dictates variable-rate mortgages, fixed-rate deals are …

The post Fixed <b>mortgage</b> rates to drop this year: forecast appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/fixed-mortgage-rates-to-drop-this-year-forecast/

Nunavut to build fewer homes this year

New numbers from Nunavut’s housing agency reveal that fewer homes will be built this year despite thousands of people in the territory being on …

The post Nunavut to build fewer homes this year appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/nunavut-to-build-fewer-homes-this-year/

Senior loses over $64K in online romance scam

Duped Canadian women go after charming alleged con man … Meanwhile, she was forced to re-mortgage her house, and for her – worst of all – admit …

The post Senior loses over $64K in online romance scam appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/senior-loses-over-64k-in-online-romance-scam/

Calgary is North America’s most affordable real estate market

“U.S. affordability was calculated with a fixed mortgage rate of 4.5%, while 3.75% was used for Canadian borrowers, to reflect the average mortgage …

The post Calgary is North America’s most affordable real estate market appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/calgary-is-north-americas-most-affordable-real-estate-market/

Here’s what you could buy with the federal budget’s housing plan

The plan includes Canadian Mortgage and Housing Corp. (CMHC) providing funds to help reduce mortgage costs for low- to middle-income first-time …

The post Here’s what you could buy with the federal budget’s housing plan appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/heres-what-you-could-buy-with-the-federal-budgets-housing-plan/

Canadian economy grows

Statistics Canada says real gross domestic product grew 0.3 per cent in …. If you have a house with a mortgage, you may be able to keep it if your …

The post <b>Canadian</b> economy grows appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-economy-grows/

Warning: Growing Credit Risks Could Send Canadian Bank Stocks Lower

Slowing Canadian mortgage growth is a definite culprit; in a past article, I talked about how TD’s mortgage revenue was nearly unchanged year over …

The post Warning: Growing Credit Risks Could Send <b>Canadian</b> Bank Stocks Lower appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/warning-growing-credit-risks-could-send-canadian-bank-stocks-lower/

Canada: 2019 Federal Budget – Spend, Spend, Spend, With No Real Competitiveness Measures

The new program will be administered by the Canada Mortgage and Housing Corporation (“CMHC”) and not under the Act. Under the new program, …

The post <b>Canada</b>: 2019 Federal Budget – Spend, Spend, Spend, With No Real Competitiveness Measures appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canada-2019-federal-budget-spend-spend-spend-with-no-real-competitiveness-measures/

Housing affordability at ‘crisis levels’ in Vancouver and Toronto, with Montreal pushing the limits

“The mortgage stress test, earlier increases in interest rates and policy … That, said Bank of Montreal’s Benjamin Reitzes, Canadian rates and macro …

The post Housing affordability at ‘crisis levels’ in Vancouver and Toronto, with Montreal pushing the limits appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/housing-affordability-at-crisis-levels-in-vancouver-and-toronto-with-montreal-pushing-the-limits/

Thursday, 28 March 2019

Fixed Mortgage Rate

Get the best affordability and security for your mortgage with the top fixed mortgage rates available in Canada. Compare with Ratesupermarket.ca!

The post Fixed <b>Mortgage</b> Rate appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/fixed-mortgage-rate/

OSFI regulation benefits commercial sector

“On the commercial front, we’re seeing a lot more activity on buildings of more than 5 units,” said David Goncalves, a mortgage broker and partner of …

The post OSFI regulation benefits commercial sector appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/osfi-regulation-benefits-commercial-sector/

Invest in Middle Class Grow the Canadian Economy

Nearly four years ago, Canadians chose to invest in the middle class and offer … First Time Home Buyer Incentive, a shared-equity mortgage plan, will …

The post Invest in Middle Class Grow the <b>Canadian</b> Economy appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/invest-in-middle-class-grow-the-canadian-economy/

Rate Nuggets: Even Mortgage Rates are Inverting

Quick news nuggets from Canada’s mortgage rate market: Not only has the yield curve inverted, but the mortgage rate curve has inverted in some …

The post Rate Nuggets: Even <b>Mortgage</b> Rates are Inverting appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/rate-nuggets-even-mortgage-rates-are-inverting/

US mortgage rates post biggest drop in decade to 4.06 pct.

WASHINGTON — Purchasing a home just became a lot cheaper, thanks mostly to the Federal Reserve’s decision to put its interest rate hikes on hold …

The post US <b>mortgage</b> rates post biggest drop in decade to 4.06 pct. appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/us-mortgage-rates-post-biggest-drop-in-decade-to-4-06-pct/

BC Real Estate Association forecasts lower mortgage rates in 2019

According to the Canada Mortgage and Housing Corporation, Metro Vancouver leads the country in the ratio of liabilities to annual income at 242 …

The post BC Real Estate Association forecasts lower <b>mortgage</b> rates in 2019 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bc-real-estate-association-forecasts-lower-mortgage-rates-in-2019/

North America’s Most Affordable Major Housing Market Is .. Calgary

Affordable housing might be the one reason Canadians still envy their … For its calculations, Zoocasa assumed a 4.5-per-cent mortgage rate for U.S. …

The post North America’s Most Affordable Major Housing Market Is .. Calgary appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/north-americas-most-affordable-major-housing-market-is-calgary/

Can’t pay your debts? Here are your last-resort options

If you have a house with a mortgage, you may be able to keep it if your equity in it is small and you can manage the mortgage payments. If your equity …

The post Can’t pay your debts? Here are your last-resort options appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cant-pay-your-debts-here-are-your-last-resort-options/

Should You Buy Real Estate Directly or Invest in REITs?

Although Canadian real estate has performed pretty well in recent years, … For investors who don’t want to go the mortgage route, REITs–real estate …

The post Should You Buy Real Estate Directly or Invest in REITs? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/should-you-buy-real-estate-directly-or-invest-in-reits/

Door-to-door company in hot water over sales tactics

… long hours and weekends to pay off the mortgage on their Barrhaven home. … Payette discovered another company called Canadian Safety Standards has … A corporate profile search revealed Canadian Safety Standards is the …

The post Door-to-door company in hot water over sales tactics appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/door-to-door-company-in-hot-water-over-sales-tactics/

Understanding last-resort options when you can no longer pay your debts

TORONTO — If you’ve found yourself with an overwhelming amount of debt, you can at least take comfort in knowing you’re not alone. Canadian debt …

The post Understanding last-resort options when you can no longer pay your debts appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/understanding-last-resort-options-when-you-can-no-longer-pay-your-debts/

Canadian CRE faces challenges but execs are optimistic

The Canadian commercial real estate environment faces volatility with rising interest rates and a pull-back from foreign investors. The latest …

The post <b>Canadian</b> CRE faces challenges but execs are optimistic appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-cre-faces-challenges-but-execs-are-optimistic/

TFSA Investors: Is Now the Time to Buy Toronto-Dominion Bank (TSX:TD) Stock?

Canadian banks and the U.S. division provides a solid hedge for investors against a potential downturn in Canada. The mortgage portfolio is large, …

The post TFSA Investors: Is Now the Time to Buy Toronto-Dominion Bank (TSX:TD) Stock? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/tfsa-investors-is-now-the-time-to-buy-toronto-dominion-bank-tsxtd-stock/

How Citizens Can Stop the Big Five’s Disastrous Fossil Fuel Funding

Canada’s big banks aren’t going to voluntarily give up fossil fuel profits … The mortgage market in Canada is worth a gargantuan $1.5 trillion and the …

The post How Citizens Can Stop the Big Five’s Disastrous Fossil Fuel Funding appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/how-citizens-can-stop-the-big-fives-disastrous-fossil-fuel-funding/

Wednesday, 27 March 2019

Canadian Mortgage Calculators

Dreyer Group is an independent mortgage broker firm that shops your mortgage to major banks and trust companies across Canada to ensure your …

The post <b>Canadian Mortgage</b> Calculators appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-mortgage-calculators/

Kelowna rent likely to drop

Canada Mortgage and Housing Corporation economist Taylor Pardy, who spoke in Kelowna last week at a Canadian Home Builders’ Association …

The post Kelowna rent likely to drop appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/kelowna-rent-likely-to-drop/

Scotiabank launches new online mortgage service

“This is a huge milestone in driving forward Scotiabank’s digital transformation strategy,” said James O’Sullivan, group head of Canadian banking at …

The post Scotiabank launches new online <b>mortgage</b> service appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/scotiabank-launches-new-online-mortgage-service/

Input Capital Corp. Comments on Canola Markets

… streams offer a guaranteed canola price for the term of the mortgage. … western Canadian canola farmers solve working capital, mortgage finance …

The post Input Capital Corp. Comments on Canola Markets appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/input-capital-corp-comments-on-canola-markets/

3 ways to change the mortgage stress test that will actually help Canadian homebuyers

Canada’s stress test for uninsured mortgages has been under fire from the real estate industry, but it appears policymakers are unlikely to budge and …

The post 3 ways to change the <b>mortgage</b> stress test that will actually help <b>Canadian</b> homebuyers appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/3-ways-to-change-the-mortgage-stress-test-that-will-actually-help-canadian-homebuyers/

Where the loonie will land

… (the Bank of Canada raised its key rate five times from mid-2017 to last fall) and macroprudential measures for housing, such as the mortgage stress …

The post Where the loonie will land appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/where-the-loonie-will-land/

Real estate consultants predict renting in Kelowna will get easier

Taylor Pardy, senior analyst, economics, housing market insights – West for the Canada Mortgage Housing and Corporation (CMHC) predicts the …

The post Real estate consultants predict renting in Kelowna will get easier appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/real-estate-consultants-predict-renting-in-kelowna-will-get-easier/

Budget 2019: Wheels coming off the Liberal cart

The Canada Mortgage and Housing Corporation (CMHC) is also offering, through the budget, to buy a stake in homes being purchased by first-time …

The post Budget 2019: Wheels coming off the Liberal cart appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/budget-2019-wheels-coming-off-the-liberal-cart/

Students group most active on federal lobbyist circuit last month

The group representing Canadian post-secondary student associations was the … Its major lobbying goals were changing the stress test for mortgage …

The post Students group most active on federal lobbyist circuit last month appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/students-group-most-active-on-federal-lobbyist-circuit-last-month/

Debt and wealth: So many Canadians are either messed up or poor

Mortgages are, of course, a big part of overall debt, rising to 80.7 per cent of the total in … And, job gains are a bright spot in the Canadian economy.

The post Debt and wealth: So many <b>Canadians</b> are either messed up or poor appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/debt-and-wealth-so-many-canadians-are-either-messed-up-or-poor/

Tuesday, 26 March 2019

Start-up challenges CMHC first-time buyer incentive

The new First-Time Home Buyer Incentive offered through the Canada Mortgage and Housing Corporation already has some competition.

The post Start-up challenges CMHC first-time buyer incentive appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/start-up-challenges-cmhc-first-time-buyer-incentive/

Trudeau highlights measures aimed at making housing more affordable

While affordable housing is a major issue for many Canadians, it is a bigger concern … with a recent study showing that the average monthly mortgage payment for a … “Safe, affordable homes give Canadian families the stability and …

The post Trudeau highlights measures aimed at making housing more affordable appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/trudeau-highlights-measures-aimed-at-making-housing-more-affordable/

Mortgage Stress Test Hurting, Not Helping Homebuyers

Very real concerns arose about Canadians biting off more mortgage than they could chew, should interest rates increase, even a fraction of a …

The post <b>Mortgage</b> Stress Test Hurting, Not Helping Homebuyers appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/mortgage-stress-test-hurting-not-helping-homebuyers/

Canadian mortgage rates are falling — and here’s why

Newsletter |; Product |; Subscribe |; Find a Local Business. Search for: Search for: Skip to content. Articles. Featured · Business · Unique Global …

The post <b>Canadian mortgage</b> rates are falling — and here’s why appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-mortgage-rates-are-falling-and-heres-why/

MORTGAGE 101: Understanding Different Mortgage Options

A guide to the different mortgage options available in the Canadian market.

The post <b>MORTGAGE</b> 101: Understanding Different <b>Mortgage</b> Options appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/mortgage-101-understanding-different-mortgage-options/

Purview Nominated for 2019 Canadian Mortgage Awards Industry Service Provider of the Year

We are thrilled to be nominated for the 2019 Canadian Mortgage Awards Centum Award for Industry Service Provider of the Year. The award …

The post Purview Nominated for 2019 <b>Canadian Mortgage</b> Awards Industry Service Provider of the Year appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/purview-nominated-for-2019-canadian-mortgage-awards-industry-service-provider-of-the-year/

Budget 2019: Investing in Young Canadians

MONTREAL, March 26, 2019 /CNW/ – Young Canadians are the most … a shared equity mortgage program that would reduce the monthly payments …

The post Budget 2019: Investing in Young <b>Canadians</b> appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/budget-2019-investing-in-young-canadians/

New Modi film inflames his opponents ahead of India’s election

Diabetes, already a huge health problem in Canada, is on the rise and it has ….. Canadian mortgage rates are falling as bond yields slide lower (CBC) …

The post New Modi film inflames his opponents ahead of India’s election appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/new-modi-film-inflames-his-opponents-ahead-of-indias-election/

Drowning in debt, freaked out Canadians brace for a reckoning

Household debt in Canada, a nation generally known for moderation, has … “The last thing to go is the mortgage,” she says, adding that before then, …

The post Drowning in debt, freaked out <b>Canadians</b> brace for a reckoning appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/drowning-in-debt-freaked-out-canadians-brace-for-a-reckoning/

When it comes to your family budget, don’t follow Ottawa’s example and pile on the debt

It has reached the point where total debt repayments for Canadians … For example, having a mortgage can introduce fiscal prudence into one’s …

The post When it comes to your family budget, don’t follow Ottawa’s example and pile on the debt appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/when-it-comes-to-your-family-budget-dont-follow-ottawas-example-and-pile-on-the-debt/

No gains for Canadian confidence as economic fears pervade

Canadian Consumer Confidence Index barely moves.

The post No gains for <b>Canadian</b> confidence as economic fears pervade appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/no-gains-for-canadian-confidence-as-economic-fears-pervade/

Canadian mortgage rates are falling

What’s bad news for some is good news for others, and Canadian mortgage-holders are the unexpected beneficiaries of some of the gloom that’s.

The post <b>Canadian mortgage</b> rates are falling appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-mortgage-rates-are-falling/

Canadian investors shouldn’t panic about the inverted yield curve

Canadian mortgage rates are falling as bond yields slide lower” – CBC. “Goldman Joins Chorus Warning Against Yield Curve Panic” – Bloomberg.

The post <b>Canadian</b> investors shouldn’t panic about the inverted yield curve appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-investors-shouldnt-panic-about-the-inverted-yield-curve/

Scotiabank eHOME: A new digital mortgage experience

With Scotiabank eHOME, Canadians can apply for a mortgage completely online, track the application status through real-time updates, and complete …

The post Scotiabank eHOME: A new digital <b>mortgage</b> experience appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/scotiabank-ehome-a-new-digital-mortgage-experience/

What becomes of B-20 if interest rates fall?

With talk of the Bank of Canada not raising but lowering interest rates, … Martin, COO of Matrix Mortgage Global and director of Private Lending Hub.

The post What becomes of B-20 if interest rates fall? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/what-becomes-of-b-20-if-interest-rates-fall/

Legal news Roundup – March 26, 2019

Refugee who sheltered Edward Snowden in Hong Kong arrives in Canada, Canadian Press Canadian mortgage rates are falling as bond yields slide …

The post Legal news Roundup – March 26, 2019 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/legal-news-roundup-march-26-2019/

Canadian mortgage rates are falling as bond yields slide lower

What’s bad news for some is good news for others, and Canadian mortgage-holders are the unexpected beneficiaries of some of the gloom that’s …

The post <b>Canadian mortgage</b> rates are falling as bond yields slide lower appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-mortgage-rates-are-falling-as-bond-yields-slide-lower/

Trudeau sells housing plan in visit to hot real estate market in BC

In its budget last week, the government introduced measures that would allow Ottawa to pick up a portion of new homebuyers’ mortgage costs and it …

The post Trudeau sells housing plan in visit to hot real estate market in BC appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/trudeau-sells-housing-plan-in-visit-to-hot-real-estate-market-in-bc/

Monday, 25 March 2019

CMHC Archives

The Federal Budget announced new mortgage rules that were not what we were hoping for. The best part of the new rules allows Canadians to …

The post CMHC Archives appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cmhc-archives/

Our Brokers

Dreyer Group is one of the top 10 independent mortgage broker teams in Canada with access to hundreds of mortgages with trusted lenders across …

The post Our Brokers appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/our-brokers/

David Rosenberg: Don’t let ‘blockbuster’ job numbers fool you, Canada is one rung away from …

She works with Invis West Coast Mortgage as a Mortgage Broker. … Only a fiscal stimulus boost from Ottawa can reverse the Canadian dollar’s course …

The post David Rosenberg: Don’t let ‘blockbuster’ job numbers fool you, <b>Canada</b> is one rung away from … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/david-rosenberg-dont-let-blockbuster-job-numbers-fool-you-canada-is-one-rung-away-from/

What Are The Best Mortgage Rates In Canada?

Buying a house is one of the biggest purchases you’ll ever make – don’t make a mistake when choosing your mortgage. A mere 3% difference in rates …

The post What Are The Best <b>Mortgage</b> Rates In <b>Canada</b>? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/what-are-the-best-mortgage-rates-in-canada/

New measures to address housing affordability across Canada

The Government of Canada is working hard to meet these challenges. … cost of buying a home with the Canada Mortgage and Housing Corporation …

The post New measures to address housing affordability across <b>Canada</b> appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/new-measures-to-address-housing-affordability-across-canada/

BMO’s “Scorecard” Compares Housing Market Conditions Across Canadian Cities

BMO Economics recently published a housing study that ranks Canadian housing … that buyers have the advantage over sellers in several Canadian cities. … where 65% of average homeowner incomes go towards mortgage costs.

The post BMO’s “Scorecard” Compares Housing Market Conditions Across <b>Canadian</b> Cities appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bmos-scorecard-compares-housing-market-conditions-across-canadian-cities/

Best ETFs in Canada for 2019

Best ETFs in Canada for 2019 ….. existing home through a “shared equity mortgage” with the Canadian Mortgage and Housing Corporation (CMHC).

The post Best ETFs in <b>Canada</b> for 2019 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/best-etfs-in-canada-for-2019/

Transparency International: Toronto Real Estate Money-Laundering May Be Worsening Affordability

TORONTO — Criminals may be taking advantage of lax disclosure rules in the Greater Toronto Area to park billions of dollars in ill-gotten gains in the …

The post Transparency International: Toronto Real Estate Money-Laundering May Be Worsening Affordability appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/transparency-international-toronto-real-estate-money-laundering-may-be-worsening-affordability/

Client Confidential: Elan Morgan

… it’s worth about $250,000 and we owe about $175,000 on the mortgage. … calculates PST or HST, differentiates between U.S. and Canadian clients, …

The post Client Confidential: Elan Morgan appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/client-confidential-elan-morgan/

Canadian Real Estate Demand Slips Further In February

Canadian real estate is cooling down even further from last year. …. The Canadian Government Launches Predatory First-Time Buyer Mortgage …

The post <b>Canadian</b> Real Estate Demand Slips Further In February appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-real-estate-demand-slips-further-in-february/

Why the $35000 RRSP Home Buyers’ Plan won’t be much help

Not many, according to Statistics Canada. … through a “shared equity mortgage” with the Canadian Mortgage and Housing Corporation (CMHC).

The post Why the $35000 RRSP Home Buyers’ Plan won’t be much help appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/why-the-35000-rrsp-home-buyers-plan-wont-be-much-help/

Best Canadian ETFs for 2019

All four Canadian equity ETFs are returning under the new revised panel: …. Ali plans to build up her workplace pension and pay off her mortgage …

The post Best <b>Canadian</b> ETFs for 2019 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/best-canadian-etfs-for-2019/

Why having a short memory can hurt investment returns

… new home or five percent on an existing home through a “shared equity mortgage” with the Canadian Mortgage and Housing Corporation (CMHC).

The post Why having a short memory can hurt investment returns appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/why-having-a-short-memory-can-hurt-investment-returns/

Here’s How Much Money the Trudeau Government Will Save Millennial Homebuyers in Halton

The lack of affordable homes in some of Canada’s biggest cities—Oakville, … Ratehub, a well-known Canadian mortgage rate comparison website, …

The post Here’s How Much Money the Trudeau Government Will Save Millennial Homebuyers in Halton appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/heres-how-much-money-the-trudeau-government-will-save-millennial-homebuyers-in-halton/

Buy Alert: It’s Time to Load Up on These 2 Great Canadian Bank Stocks

Buy Alert: It’s Time to Load Up on These 2 Great Canadian Bank Stocks … Scotiabank has a strong mortgage business, a solid wealth management …

The post Buy Alert: It’s Time to Load Up on These 2 Great <b>Canadian</b> Bank Stocks appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/buy-alert-its-time-to-load-up-on-these-2-great-canadian-bank-stocks/

UCP leader says ‘real tension’ lies behind Albertans’ support for secession

He also said the UCP would demand an exemption for Albertans to the stress tests recently imposed by the Canada Mortgage and Housing …

The post UCP leader says ‘real tension’ lies behind Albertans’ support for secession appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/ucp-leader-says-real-tension-lies-behind-albertans-support-for-secession/

Things could go from bad to far worse, but it wouldn’t be Canada’s ‘Big Short’: BMO

Things could always get far worse for Canada’s economy, but even then it … makers wanted to happen as they brought in mortgage-qualification stress tests at … And so, while Canadian debt levels swelled, the pace of lending never …

The post Things could go from bad to far worse, but it wouldn’t be <b>Canada’s</b> ‘Big Short’: BMO appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/things-could-go-from-bad-to-far-worse-but-it-wouldnt-be-canadas-big-short-bmo/

Sunday, 24 March 2019

Canada’s Inverted Yield Curve. What Happens to Mortgage Rates?

The Canadian yield curve has officially inverted and that’s bearish for mortgage rates. An “inverted yield curve” (in this context) means that the interest …

The post <b>Canada’s</b> Inverted Yield Curve. What Happens to <b>Mortgage</b> Rates? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-inverted-yield-curve-what-happens-to-mortgage-rates/

Home sellers dive into spring market, but buyers hesitate

“The downturn has made its way to Canada’s largest markets, as a combination of the federal mortgage stress test and provincial policies and taxes …

The post Home sellers dive into spring market, but buyers hesitate appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/home-sellers-dive-into-spring-market-but-buyers-hesitate/

Criminal elements taking advantage of Toronto’s lax laws

Canadian real estate has attracted the attention and money of corrupt … In addition, during the same time frame, around $25 billion in mortgages …

The post Criminal elements taking advantage of Toronto’s lax laws appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/criminal-elements-taking-advantage-of-torontos-lax-laws/

Chinese buyers will continue to hunger for Canadian property

The Chinese will still actively seek out Canadian real estate, but international property portal Juwai.com has predicted that growth in demand will be …

The post Chinese buyers will continue to hunger <b>for Canadian</b> property appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/chinese-buyers-will-continue-to-hunger-for-canadian-property/

Liberals risk losing their soul with their latest, forgettable budget

But with this week’s budget, Canadians remain deprived of the universal pharmacare and … So has the Canadian Medical Association. … if your rent or mortgage is only barely manageable and if you are a victim of long-term wage …

The post Liberals risk losing their soul with their latest, forgettable budget appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/liberals-risk-losing-their-soul-with-their-latest-forgettable-budget/

Here’s How Much Money the Trudeau Government Will Save Millennial Homebuyers in Brampton

The lack of affordable homes in some of Canada’s biggest cities—Brampton … Ratehub, a well-known Canadian mortgage rate comparison website, …

The post Here’s How Much Money the Trudeau Government Will Save Millennial Homebuyers in Brampton appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/heres-how-much-money-the-trudeau-government-will-save-millennial-homebuyers-in-brampton/

Here’s Exactly How Much Money the Trudeau Government Will Save Millennial Homebuyers in …

Ratehub, a well-known Canadian mortgage rate comparison website, shared some affordability calculations that demonstrate how much a homebuyer …

The post Here’s Exactly How Much Money the Trudeau Government Will Save Millennial Homebuyers in … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/heres-exactly-how-much-money-the-trudeau-government-will-save-millennial-homebuyers-in/

This Week’s Top Stories: Canadian Real Estate Hit With Price Declines, Predatory Loan Scheme …

The Canadian Government Launches Predatory First-Time Buyer MortgageCanadian new home prices are falling for the first-time in a decade, …

The post This Week’s Top Stories: <b>Canadian</b> Real Estate Hit With Price Declines, Predatory Loan Scheme … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/this-weeks-top-stories-canadian-real-estate-hit-with-price-declines-predatory-loan-scheme/

What the new budget means to your bottom line, Boyd Group’s stellar rise and a new pot ETF …

Under the new First-Time Home Buyer Incentive program, a fund administered by Canada Mortgage and Housing Corp. will provide 5 per cent of the …

The post What the new budget means to your bottom line, Boyd Group’s stellar rise and a new pot ETF … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/what-the-new-budget-means-to-your-bottom-line-boyd-groups-stellar-rise-and-a-new-pot-etf/

LAURENTIAN BANK CANADA QUE ORDINARY SHAR (OTCMKTS:LRCDF) Can’t Be Less Risky …

The stock of LAURENTIAN BANK CANADA QUE ORDINARY SHAR … Laurentian Bank of Canada (OTCMKTS:LRCDF) has 0.00% since March 24, 2018 … variable-rate mortgage, fixed-rate mortgage, equity line of credit, mortgage …

The post LAURENTIAN BANK <b>CANADA</b> QUE ORDINARY SHAR (OTCMKTS:LRCDF) Can’t Be Less Risky … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/laurentian-bank-canada-que-ordinary-shar-otcmktslrcdf-cant-be-less-risky/

Gallery

Canadian HR Awards video 1 … HRD logo. Key Media | Canadian Mortgage Awards | Insurance Business Awards | Top Investor Canada | WP Awards

The post Gallery appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/gallery/

Morneau ‘not ruling out’ a pharmacare election promise

Among them was the creation of a Canadian Drug Agency tasked with … equity mortgage with the Canadian Mortgage and Housing Corporation.

The post Morneau ‘not ruling out’ a pharmacare election promise appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/morneau-not-ruling-out-a-pharmacare-election-promise/

BidaskScore Has Just Given Impac Mortgage Holdings (AMEX:IMH) a Lower Rating. Are Other …

BidaskScore Has Just Given Impac Mortgage Holdings (AMEX:IMH) a … It turned negative, as 2 investors sold Impac Mortgage Holdings, Inc. shares … and Canadian stocks – The Globe and Mail” with publication date: May 11, 2018.

The post BidaskScore Has Just Given Impac <b>Mortgage</b> Holdings (AMEX:IMH) a Lower Rating. Are Other … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bidaskscore-has-just-given-impac-mortgage-holdings-ameximh-a-lower-rating-are-other/

Saturday, 23 March 2019

Newsroom & Events

Mortgage Broker News: Profiling Derek Wasson of Trez Capital … Canadian Mortgage Professional: 6 Lessons from 20 Years in the Business.

The post Newsroom & Events appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/newsroom-events/

The Bottom Line on the 2019 Federal Budget for Homeowners

The idea here is to make carrying a mortgage a little more affordable for first-time buyers. The Canadian Mortgage and Housing Corporation would …

The post The Bottom Line on the 2019 Federal Budget for Homeowners appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-bottom-line-on-the-2019-federal-budget-for-homeowners/

Anatomy of mortgage changes

Evan Siddall, who heads Canada Mortgage and Housing Corporation (CMHC), believes the stress test is bitter medicine that is working fine. Siddall …

The post Anatomy of <b>mortgage</b> changes appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/anatomy-of-mortgage-changes/

Impac Mortgage Holdings Inc (NYSEMKT:IMH) Institutional Investors Sentiment Index Dive in 2018 …

Impac Mortgage Holdings Inc (NYSEMKT:IMH) Institutional Investors … Also, the number of active investment managers holding Impac Mortgage … and Canadian stocks – The Globe and Mail” with publication date: May 11, 2018.

The post Impac <b>Mortgage</b> Holdings Inc (NYSEMKT:IMH) Institutional Investors Sentiment Index Dive in 2018 … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/impac-mortgage-holdings-inc-nysemktimh-institutional-investors-sentiment-index-dive-in-2018/

3 Unloved Stocks for Contrarian Investors

In 2019, while the rest of the TSX has enjoyed a nice rebound, Canadian … Secondly, the mortgage issue it experience in 2018 has been put behind …

The post 3 Unloved Stocks for Contrarian Investors appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/3-unloved-stocks-for-contrarian-investors/

The House: Budget, interrupted

The budget’s plan for first-time home buyers has the Canada Mortgage and Housing Corp. buying a 10 per cent stake in the purchased house, …

The post The House: Budget, interrupted appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-house-budget-interrupted/

Friday, 22 March 2019

Streetwise newsletter: Catch up on the best reads of the week

Ms. Rogers is assistant superintendent of the regulation sector at Canada’s Office … BlackRock Asset Management Canada Ltd. and RBC Global Asset …. The first thing Vancouver mortgage broker Patricia Collins gets asked when …

The post Streetwise newsletter: Catch up on the best reads of the week appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/streetwise-newsletter-catch-up-on-the-best-reads-of-the-week/

mortgage accounting specialist, Toronto

Mortgage Accounting Specialist – Toronto, Ontario – The Mortgage Operations and Accounting Department provides administration, accounting and …

The post <b>mortgage</b> accounting specialist, Toronto appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/mortgage-accounting-specialist-toronto/

4 problems with Canada’s mortgage stress tests that are hurting homebuyers and the economy

Last January, the Canadian government expanded its standard stress testing, which requires borrowers to qualify at a higher mortgage rate than they …

The post 4 problems with <b>Canada’s mortgage</b> stress tests that are hurting homebuyers and the economy appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/4-problems-with-canadas-mortgage-stress-tests-that-are-hurting-homebuyers-and-the-economy/

OSFI official Carolyn Rogers named secretary-general of Basel Committee on Banking Supervision

A top official at Canada’s banking regulator, Carolyn Rogers, has been … on Banking Supervision (BCBS) – the first time a Canadian has held the role. … of prominent policy changes, including to mortgage underwriting rules with the …

The post OSFI official Carolyn Rogers named secretary-general of Basel Committee on Banking Supervision appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/osfi-official-carolyn-rogers-named-secretary-general-of-basel-committee-on-banking-supervision/

Four things ETF investors are doing right, Power Corp is overbought, and how the federal budget …

Canada’s ETF industry is a Krakatoa of new-product eruptions – 23 new …. Its latest saviour comes from fixed mortgage rates, which are falling like …

The post Four things ETF investors are doing right, Power Corp is overbought, and how the federal budget … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/four-things-etf-investors-are-doing-right-power-corp-is-overbought-and-how-the-federal-budget/

Forget Fears of a Housing Crash and Buy Bank of Nova Scotia (TSX:BNS)

Not only are there fears of an imminent housing meltdown but increased mortgage regulation and the saturated nature of Canada’s financial services …

The post Forget Fears of a Housing Crash and Buy Bank of Nova Scotia (TSX:BNS) appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/forget-fears-of-a-housing-crash-and-buy-bank-of-nova-scotia-tsxbns/

The 2019 Federal budget is all about the middle-class

… over 3 years on a shared-equity mortgage program for first-time home buyers. … A personalized Canada Training Credit of $250 a year (up to $5,000 … The interest rate on Canada Student Loans has been lowered to prime and …

The post The 2019 Federal budget is all about the middle-class appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/the-2019-federal-budget-is-all-about-the-middle-class/

Justin Trudeau’s New Home-Buying Incentive Won’t Help the People Who Need It Most

“My dad pays off the mortgage and feeds a family of four and––I’m not … One of them is a shared-equity mortgage with the Canada Mortgage and …

The post Justin Trudeau’s New Home-Buying Incentive Won’t Help the People Who Need It Most appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/justin-trudeaus-new-home-buying-incentive-wont-help-the-people-who-need-it-most/

US existing-home sales jumped 11.8 per cent in February

(THE CANADIAN PRESS/Ryan Remiorz) … Helping push costs higher was a 8.1 per cent increase in mortgage interest costs and a 14.3 per cent rise …

The post US existing-home sales jumped 11.8 per cent in February appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/us-existing-home-sales-jumped-11-8-per-cent-in-february/

Federal budget 2019: What to know about the new CMHC mortgage incentive

The program would be administered by Canada Mortgage and Housing Corp. (CMHC), the crown corporation that insures most Canadian mortgages …

The post Federal budget 2019: What to know about the new CMHC <b>mortgage</b> incentive appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/federal-budget-2019-what-to-know-about-the-new-cmhc-mortgage-incentive/

Canada’s inflation rate edges up in February

Helping push costs higher was a 8.1 per cent increase in mortgage interest costs and a 14.3 per cent rise compared with a year ago in the cost of fresh …

The post <b>Canada’s</b> inflation rate edges up in February appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-inflation-rate-edges-up-in-february/

Canadian jobs market continues to improve says ADP

There were “significant increases” in jobs across many industries in Canada last month. The ADP Canada National Employment Report reveals an …

The post <b>Canadian</b> jobs market continues to improve says ADP appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-jobs-market-continues-to-improve-says-adp/

Federal budget leaves mid-market firms’ concerns mostly unanswered

On the homebuying front, first-time buyers will be able to finance part of the purchase through a shared equity mortgage with Canada Mortgage and …

The post Federal budget leaves mid-market firms’ concerns mostly unanswered appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/federal-budget-leaves-mid-market-firms-concerns-mostly-unanswered/

Eclipse Residential Mortgage Investment Corporation Announces a Shareholder Meeting to …

Eclipse Residential Mortgage Investment Corporation Announces a Shareholder Meeting to Approve the Sale of the Mortgage Portfolio & Dissolution.

The post Eclipse Residential <b>Mortgage</b> Investment Corporation Announces a Shareholder Meeting to … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/eclipse-residential-mortgage-investment-corporation-announces-a-shareholder-meeting-to/

Canada loses its perch in global housing markets: What new rankings show

Canadian markets were hit by the federal bank regulator’s new mortgage stress tests, which came into effect in early 2018, coupled with measures …

The post <b>Canada</b> loses its perch in global housing markets: What new rankings show appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canada-loses-its-perch-in-global-housing-markets-what-new-rankings-show/

Thursday, 21 March 2019

Canadian banks caught in short sellers’ crosshairs

Before the banks’ reports, some market observers pointed to lowing mortgage growth and high levels of housing debt as indicators of risk to the space.

The post <b>Canadian</b> banks caught in short sellers’ crosshairs appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-banks-caught-in-short-sellers-crosshairs/

What is a Reverse Mortgage and How Does It Work? (Video Blog Ft. Tim Wachter from Equitable …

I am a Mortgage Broker in Red Deer with over 12 years experience locally. Nicki is an experienced Mortgage Broker with new home purchasing, … and mortgage rates through Canadian mortgage lenders from coast to coast.

The post What is a Reverse <b>Mortgage</b> and How Does It Work? (Video Blog Ft. Tim Wachter from Equitable … appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/what-is-a-reverse-mortgage-and-how-does-it-work-video-blog-ft-tim-wachter-from-equitable/

New measures might pull down sales activity until fall 2019

Among the highlights of these measures is the substantial assistance towards first-time home buyers, which will involve the Canada Mortgage and …

The post New measures might pull down sales activity until fall 2019 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/new-measures-might-pull-down-sales-activity-until-fall-2019/

Canadian recession fears misguided – Morneau

Speculations that Canada is headed towards a recession – or worse, is already in one – are misinformed, Finance Minister Bill Morneau stated.

The post <b>Canadian</b> recession fears misguided – Morneau appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-recession-fears-misguided-morneau/

Falling bond yields and fixed-rate mortgages are making life easier for Canadian borrowers

Its latest saviour comes from fixed mortgage rates, which are falling like … following Canadian bond yields, which just hit a one-and-a-half-year low.

The post Falling bond yields and fixed-rate <b>mortgages</b> are making life easier <b>for Canadian</b> borrowers appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/falling-bond-yields-and-fixed-rate-mortgages-are-making-life-easier-for-canadian-borrowers/

Morneau, Tory promote business-friendly solutions to housing crisis

It grants first-time buyers up to 10 per cent of the mortgage of a home as an interest-free loan from the Canada Mortgage Housing Corporate (CMHC).

The post Morneau, Tory promote business-friendly solutions to housing crisis appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/morneau-tory-promote-business-friendly-solutions-to-housing-crisis/

Report warns of criminal use of GTA real estate due to lax disclosure

Canadian real estate has attracted the attention and money of corrupt … $9.8 billion worth of the housing purchases were done without a mortgage, …

The post Report warns of criminal use of GTA real estate due to lax disclosure appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/report-warns-of-criminal-use-of-gta-real-estate-due-to-lax-disclosure/

Nothing in budget 2019 for GM; says Durham MP Erin O’Toole

O’Toole called the Canada Training Benefit off-the-mark and cobbled … purchase through a shared equity mortgage with the Canada Mortgage and …

The post Nothing in budget 2019 for GM; says Durham MP Erin O’Toole appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/nothing-in-budget-2019-for-gm-says-durham-mp-erin-otoole/

Walmart vs. Costco vs. Canadian Tire

Both Walmart and Canadian Tire score points for price-matching. … A veteran mortgage broker weighs variable- against fixed-rate in light of economic …

The post Walmart vs. Costco vs. <b>Canadian</b> Tire appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/walmart-vs-costco-vs-canadian-tire/

Trudeau’s new housing measures could end up crushing sales in an already depressed market

New measures for first-time home buyers could keep Canada’s housing … Canada’s most recent federal budget included help for first-time home … of disentangling the effects of federal mortgage regulations and higher interest rates …

The post Trudeau’s new housing measures could end up crushing sales in an already depressed market appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/trudeaus-new-housing-measures-could-end-up-crushing-sales-in-an-already-depressed-market/

Some goodies, but spending remains reckless: MP Schmale

First-time home buyers who will be able to finance a portion of a home purchase through a shared equity mortgage with Canada Mortgage and …

The post Some goodies, but spending remains reckless: MP Schmale appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/some-goodies-but-spending-remains-reckless-mp-schmale/

Mixed reactions to budget housing measures

The federal budget included certain measures aimed at helping the Canadian housing market but there was no change to the mortgage stress test.

The post Mixed reactions to budget housing measures appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/mixed-reactions-to-budget-housing-measures/

This 1 Development Is Good News for Bank Stocks

The largest financial institution in Canada has thrived in the face of … CIBC’s mortgage segment was the strongest among its peers for several years, …

The post This 1 Development Is Good News for Bank Stocks appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/this-1-development-is-good-news-for-bank-stocks/

Dirty money is driving up GTA real estate prices, report says

Canadian real estate has attracted the attention (and money of dubious … and when they do take out a mortgage, they rely on alternative lenders, …

The post Dirty money is driving up GTA real estate prices, report says appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/dirty-money-is-driving-up-gta-real-estate-prices-report-says/

Chinese investors still sold on Canadian real estate

Juwai.com predicts that searches by Chinese investors for Canadian property will … But across the country, higher interest rates and tighter mortgage …

The post Chinese investors still sold on <b>Canadian</b> real estate appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/chinese-investors-still-sold-on-canadian-real-estate/

Thursday’s small-cap stocks to watch

Our roundup of Canadian small-caps of between $100-million and … corporate purposes, particularly funding future mortgage loan opportunities.” **.

The post Thursday’s small-cap stocks to watch appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/thursdays-small-cap-stocks-to-watch/

Dirty money is driving up Toronto real estate prices, report says

Canadian real estate has attracted the attention (and money of dubious … Adam Ross, author of the new Transparency International Canada report that … out a mortgage, they rely on alternative lenders, which are not subject to the …

The post Dirty money is driving up Toronto real estate prices, report says appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/dirty-money-is-driving-up-toronto-real-estate-prices-report-says/

Iditarod champion given a hero’s welcome in Alaska hometown

… houses worth more than half a million dollars, according to the minister responsible for the Canadian Mortgage and Housing Corporation (CMHC).

The post Iditarod champion given a hero’s welcome in Alaska hometown appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/iditarod-champion-given-a-heros-welcome-in-alaska-hometown/

Wednesday, 20 March 2019

Stress test hurts equity of homes

Brodrick says the mortgage stress test implications have been felt in every market in Canada, including Edmonton’s. He adds that home equity is a …

The post Stress test hurts equity of homes appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/stress-test-hurts-equity-of-homes/

Inch-deep budget hard to criticize

First-time buyers will be able to finance a portion of a home purchase through a shared equity mortgage with Canada Mortgage and Housing Corp., …

The post Inch-deep budget hard to criticize appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/inch-deep-budget-hard-to-criticize/

Australia says tensions with Turkey ease after WWI remarks

Avalanche Canada issued a special public warning for recreational … responsible for the Canadian Mortgage and Housing Corporation (CMHC).

The post Australia says tensions with Turkey ease after WWI remarks appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/australia-says-tensions-with-turkey-ease-after-wwi-remarks/

Trudeau says national budget deficit remains sustainable, defends Liberal budget

“Over the past three years, 900,000 Canadians created new jobs. … We are going to stay focused on delivering for Canadians, as we are today. … per cent of a mortgage on the purchase of an existing home for households that earn …

The post Trudeau says national budget deficit remains sustainable, defends Liberal budget appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/trudeau-says-national-budget-deficit-remains-sustainable-defends-liberal-budget/

Winners and losers in the 2019 federal budget

In a thinly veiled plea to a coveted voting demographic, Trudeau and company revealed that Canada Mortgage and Housing Corp. will pitch in 5 five …

The post Winners and losers in the 2019 federal budget appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/winners-and-losers-in-the-2019-federal-budget/

Trudeau’s new housing measures could mute home sales until fall: RBC

New measures for first-time home buyers could keep Canada’s housing market at cooler levels until autumn, according to a report by Royal Bank of …

The post Trudeau’s new housing measures could mute home sales until fall: RBC appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/trudeaus-new-housing-measures-could-mute-home-sales-until-fall-rbc/

Growing portion of household income going to debt servicing

Debt now accounts for a growing share of Canadian households’ income, according to Statistics Canada. Around 14.9% of its disposable income is …

The post Growing portion of household income going to debt servicing appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/growing-portion-of-household-income-going-to-debt-servicing/

Canada: Budget 2019: Positioning For A Fall Election

Instead, Budget 2019 proposes the introduction of an income-tested Canada Mortgage and Housing Corporation (CMHC)-administered shared equity …

The post <b>Canada</b>: Budget 2019: Positioning For A Fall Election appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canada-budget-2019-positioning-for-a-fall-election/

Trudeau’s New Housing Measures Could Mute Home Sales Until Fall

(Bloomberg) — New measures for first-time home buyers could keep Canada’s housing market at cooler levels until autumn, according to a report by …

The post Trudeau’s New Housing Measures Could Mute Home Sales Until Fall appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/trudeaus-new-housing-measures-could-mute-home-sales-until-fall/

Lanesborough REIT Reports 2018 Operating Results

An increase in the weighted average interest rate on the Trust’s mortgage loan … The price differential between Western Canadian Select and Western …

The post Lanesborough REIT Reports 2018 Operating Results appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/lanesborough-reit-reports-2018-operating-results/

Federal judge blocks another Kentucky abortion law

… not supposed to help Canadians buy houses worth more than half a million dollars, according to the minister responsible for the Canadian Mortgage …

The post Federal judge blocks another Kentucky abortion law appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/federal-judge-blocks-another-kentucky-abortion-law/

Locals react to federal budget’s goodies for young and old

The budget lowered interest rates under the Canada Student Loans … Local mortgage agent Brian Mill said he rarely sees first-time buyers with …

The post Locals react to federal budget’s goodies for young and old appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/locals-react-to-federal-budgets-goodies-for-young-and-old/