Saturday, 30 June 2018

Residential Mortgage Underwriter

We are extremely proud to have been awarded the Employer of Choice Award from CMP (Canadian Mortgage Awards) for 2010, 2011, and 2014!

The post Residential <b>Mortgage</b> Underwriter appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/residential-mortgage-underwriter/

Quebec Regional Mortgage Centre

001009001 – Routing Number for Canadian Imperial Bank of Commerce (CIBC) Quebec Regional Mortgage Centre in Longueuil QC. Also find …

The post Quebec Regional <b>Mortgage</b> Centre appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/quebec-regional-mortgage-centre/

Friday, 29 June 2018

BoC survey suggests businesses optimistic

The Bank of Canada’s outlook survey indicator climbed to its highest level since … Benjamin Reitzes, Canadian rates and macro strategist at BMO Capital … new mortgage rules will “figure prominently” in the central bank’s upcoming …

The post BoC survey suggests businesses optimistic appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/boc-survey-suggests-businesses-optimistic/

Streetwise newsletter: Best reads of the week; Waterous raises $1.4-billion

Fintech: A new challenger is charging into Canada’s credit card market, … Debt: Add Emera Inc. to the growing list of blue-chip Canadian companies … Mortgages: Syndicated mortgage loans for real estate projects developed by …

The post Streetwise newsletter: Best reads of the week; Waterous raises $1.4-billion appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/streetwise-newsletter-best-reads-of-the-week-waterous-raises-1-4-billion/

‘Who’s Afraid Of Donald Trump? Not Canadian Business Leaders.’

Apparently, not Canadian business leaders,” CIBC Capital Markets chief … in the wake of new mortgage rules that reduced buying power, it expanded in April. … The Statistics Canada data landed on the same day that the federal …

The post ‘Who’s Afraid Of Donald Trump? Not <b>Canadian</b> Business Leaders.’ appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/whos-afraid-of-donald-trump-not-canadian-business-leaders/

Bank of Canada business outlook survey suggests widespread optimism

The Bank of Canada’s outlook survey indicator climbed to its highest level since … Benjamin Reitzes, Canadian rates and macro strategist at BMO Capital … new mortgage rules will “figure prominently” in the central bank’s upcoming …

The post Bank of <b>Canada</b> business outlook survey suggests widespread optimism appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/bank-of-canada-business-outlook-survey-suggests-widespread-optimism/

Here Is Why This Warren Buffett Stock Isn’t a Buy After a 14% Plunge

Home Capital Group Inc. (TSX:HCG), a Canadian mortgage lender rescued by Warren Buffett’s Berkshire Hathaway Inc. last year, is still struggling to …

The post Here Is Why This Warren Buffett Stock Isn’t a Buy After a 14% Plunge appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/here-is-why-this-warren-buffett-stock-isnt-a-buy-after-a-14-plunge/

Registering Your Boat and the Form 7-Mortgage Registration

In order to take out a mortgage, you will most likely be required by the lender to register your vessel with Transport Canada. Only vessels which have …

The post Registering Your Boat and the Form 7-<b>Mortgage</b> Registration appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/registering-your-boat-and-the-form-7-mortgage-registration/

Thursday, 28 June 2018

Creating More Affordable Rental Housing for Canada’s Middle-Class

Today, the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and the Minister responsible for Canada Mortgage …

The post Creating More Affordable Rental Housing for <b>Canada’s</b> Middle-Class appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/creating-more-affordable-rental-housing-for-canadas-middle-class/

Sask. NDP calls on government to scrap rental supplement changes

The Canadian Mortgage and Housing Corporation (CMHC) said Saskatchewan had the lowest average rent for a two-bedroom apartment at $1,051 …

The post Sask. NDP calls on government to scrap rental supplement changes appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/sask-ndp-calls-on-government-to-scrap-rental-supplement-changes/

Household debt rates slowing down

Canadian households are now accumulating debt at a slower pace. … Non-mortgage debt also grew at a 4.5 per cent rate though this further extended …

The post Household debt rates slowing down appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/household-debt-rates-slowing-down/

Groundbreaking for Maison L’AncrÂge in Sherbrooke

Through Canada Mortgage and Housing Corporation (CMHC) and the Société d’habitation du Québec (SHQ), the governments of Canada and …

The post Groundbreaking for Maison L’AncrÂge in Sherbrooke appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/groundbreaking-for-maison-lancrge-in-sherbrooke/

Canadians failing to capitalize on their reward points, CIBC poll finds

If you’re holding consumer debt, then clearly the number one thing for people is to pay that down. If the concern is more on paying off you’re mortgage, …

The post <b>Canadians</b> failing to capitalize on their reward points, CIBC poll finds appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadians-failing-to-capitalize-on-their-reward-points-cibc-poll-finds/

Wednesday, 27 June 2018

Canada’s economic growth slows, but recovery seen to follow

Although the Canadian economy is battling a slowdown, analysts are still maintaining a positive outlook overall, as interest rate hikes and a rebound …

The post <b>Canada’s</b> economic growth slows, but recovery seen to follow appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-economic-growth-slows-but-recovery-seen-to-follow/

Tuesday, 26 June 2018

Is Bank of Montreal a Buy?

During fiscal Q2 2018, the Canadian personal and commercial banking segment … Insured mortgages represent 48% of the portfolio and the overall …

The post Is Bank of Montreal a Buy? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/is-bank-of-montreal-a-buy/

More and more firms tapping Canadian equity

A growing number of property companies are tapping Canadian equity markets, and Ottawa-based Minto Apartment Real Estate Investment Trust is …

The post More and more firms tapping <b>Canadian</b> equity appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/more-and-more-firms-tapping-canadian-equity/

Economic rebound, greater consumer spending imminent – analysts

This will push the National Bank of Canada to keep hiking after 3 rate increases since July 2017, senior economist Krishen Rangasamy said.

The post Economic rebound, greater consumer spending imminent – analysts appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/economic-rebound-greater-consumer-spending-imminent-analysts/

OMERS Infrastructure’s Teranet to acquire D+H Collateral

The company competes against Teranet Inc., First Canadian Title, ESC … and several other regional and national companies based in both Canada and … banks, credit unions, mortgage professionals and asset lenders since 1991.

The post OMERS Infrastructure’s Teranet to acquire D+H Collateral appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/omers-infrastructures-teranet-to-acquire-dh-collateral/

What corporate outlook, inflation say about economy

This year’s positive Canadian economic data has indicated a steady, albeit slow … as housing investment pulled back amid new mortgage stress test rules and a … McKinley’s keeping a close eye on inflation, which Statistics Canada …

The post What corporate outlook, inflation say about economy appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/what-corporate-outlook-inflation-say-about-economy/

Monday, 25 June 2018

Rebound in South powers US new home sales in May

The 30-year fixed mortgage rate averaged 4.57 percent last week and has risen more than 50 basis points this year. Further increases are likely after …

The post Rebound in South powers US new home sales in May appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/rebound-in-south-powers-us-new-home-sales-in-may/

Toronto-Dominion is now Canada’s premium bank

Trade wars in the Canadian market intensified after Toronto-Dominion (TD) Bank’s shares hit a new high on Wednesday, closing at $76.74, and left …

The post Toronto-Dominion is now <b>Canada’s</b> premium bank appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/toronto-dominion-is-now-canadas-premium-bank/

Income misstatements on the rise

According to a study of Canada Mortgage and Housing Corporation-insured mortgages, Canadian house hunters aren’t being truthful on their …

The post Income misstatements on the rise appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/income-misstatements-on-the-rise/

How Canada became a money-laundering haven for one of Gadhafi’s inner circle

Now, Mr. Dabaiba’s Canadian properties, businesses and investments are at the … The Libyan and Scottish investigations come as Canada overhauls its ….. in Montreal, he has taken out a $600,000 mortgage on one of his suites.

The post How <b>Canada</b> became a money-laundering haven for one of Gadhafi’s inner circle appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/how-canada-became-a-money-laundering-haven-for-one-of-gadhafis-inner-circle/

Sunday, 24 June 2018

Money 123: Is Canada entering an era of flat home prices?

The federal government introduced tighter mortgage rules that helped cool the red hot housing market in some parts of Canada. But the impact on …

The post Money 123: Is <b>Canada</b> entering an era of flat home prices? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/money-123-is-canada-entering-an-era-of-flat-home-prices/

Saturday, 23 June 2018

Mortgage News

Canadian real estate borrowers are paying their mortgages at a near record pace. Filings with the Canadian Bankers Association (CBA) for the first …

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



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

Homeownership – The Canadian Dream

Everyone is always trying to catch the Canadian Dream, but what is it exactly. Clinton Wilkins explains that homeownership is what dreams are made …

The post Homeownership – The <b>Canadian</b> Dream appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/homeownership-the-canadian-dream/

David Hanson – Canadian Mortgage Brokers Association of Ontario

David Hanson is an Agent with Mortgage Intelligence, one of Canada’s largest and most respected national brokerages, and is a member of the …

The post David Hanson – <b>Canadian Mortgage</b> Brokers Association of Ontario appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/david-hanson-canadian-mortgage-brokers-association-of-ontario/

Millennials: 3 Stocks to Stash in Your TFSA

Recommending Canadian bank stocks may inspire an eye roll, but the … These profit machines are unlikely to be tripped up by slowing mortgage …

The post Millennials: 3 Stocks to Stash in Your TFSA appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/millennials-3-stocks-to-stash-in-your-tfsa/

Friday, 22 June 2018

Canadian Inflation Rises For 2nd Straight Month Thanks To Higher Energy Costs

Canadian Inflation Rises For 2nd Straight Month Thanks To Higher Energy Costs … For months, experts have been predicting Bank of Canada governor … more last month for restaurants, airline tickets and mortgage interest costs.

The post <b>Canadian</b> Inflation Rises For 2nd Straight Month Thanks To Higher Energy Costs appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-inflation-rises-for-2nd-straight-month-thanks-to-higher-energy-costs/

Weak data add to interest rate unknowns

For months, experts have been predicting Bank of Canada governor … One release by the agency found Canada’s annual inflation rose at a pace of 2.2 … more last month for restaurants, airline tickets and mortgage interest costs.

The post Weak data add to interest rate unknowns appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/weak-data-add-to-interest-rate-unknowns/

Inflation, retail sales ‘soft patch’ tame expectations for rate hike

Canada’s economy showed unexpected weakness in the second quarter, recording sluggish readings for both inflation and retail sales. The consumer …

The post Inflation, retail sales ‘soft patch’ tame expectations for rate hike appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/inflation-retail-sales-soft-patch-tame-expectations-for-rate-hike/

Is Laurentian Bank of Canada or National Bank of Canada a Buy?

Laurentian Bank of Canada (TSX:LB) and National Bank of Canada (TSX:NB) … Laurentian Bank ran into a mortgage fiasco last year when an audit …

The post Is Laurentian Bank of <b>Canada</b> or National Bank of <b>Canada</b> a Buy? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/is-laurentian-bank-of-canada-or-national-bank-of-canada-a-buy/

Cruel, cruel summer: The Bank of Canada on a ‘tightrope’

Bank of Canada on a ‘tightrope’; Canadian dollar dips below 75 cents … That comes at the same time as mortgage rates are rising and the housing …

The post Cruel, cruel summer: The Bank of <b>Canada</b> on a ‘tightrope’ appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cruel-cruel-summer-the-bank-of-canada-on-a-tightrope/

Vuntut Gwitchin First Nation will receive housing funding

This funding is provided through the Canada-Yukon Investment in Affordable Housing … SOURCE Canada Mortgage and Housing Corporation.

The post Vuntut Gwitchin First Nation will receive housing funding appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/vuntut-gwitchin-first-nation-will-receive-housing-funding/

Record-high gas prices push BC inflation higher

Inflation hit British Columbians hardest in May, led by gasoline prices that were up nearly 23% year over year, according to Statistics Canada.

The post Record-high gas prices push BC inflation higher appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/record-high-gas-prices-push-bc-inflation-higher/

Higher energy prices keep inflation at 2.2 per cent

Inflation also received a lift because Canadians paid more last month for restaurants, airline tickets and mortgage interest costs. Consumers, however …

The post Higher energy prices keep inflation at 2.2 per cent appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/higher-energy-prices-keep-inflation-at-2-2-per-cent/

Thursday, 21 June 2018

RBC loses its luster as investors make TD Canada’s premium bank

Toronto-Dominion’s returns more than doubled its Canadian competitor in … As Canada’s largest mortgage lender, it has a 16-per-cent market share …

The post RBC loses its luster as investors make TD <b>Canada’s</b> premium bank appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/rbc-loses-its-luster-as-investors-make-td-canadas-premium-bank/

Right housing types will curb unsustainable price growth, says TREB

But last year, a Canadian Centre for Economic Analysis report revealed there … from their one-plus-den condo,” said the DLC Mortgage Centre broker.

The post Right housing types will curb unsustainable price growth, says TREB appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/right-housing-types-will-curb-unsustainable-price-growth-says-treb/

In the news today, June 20

Canadians will be able to legally purchase and consume recreational … Canada Mortgage and Housing Corporation releases the Housing Market …

The post In the news today, June 20 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/in-the-news-today-june-20/

Mortgage Insurance

Long Business Description (required):. Comfort Insurance & Finances is a team of insurance experts providing smart and affordable insurance options …

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



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

Liberals not living up to earlier promises – Calgary Shepard MP

“Imagine tens of thousands of Canadians having homeownership yanked … Fresh data from Mortgage Professionals Canada further supported this …

The post Liberals not living up to earlier promises – Calgary Shepard MP appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/liberals-not-living-up-to-earlier-promises-calgary-shepard-mp/

Diversifying with realtors brings firm to next level

Mortgage professionals aren’t always keen to work with realtors, but Lorne … The mortgage brokerage has built a large part of its business on … it was rewarded with a Canadian Mortgage Award for Diversifier of the Year in April.

The post Diversifying with realtors brings firm to next level appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/diversifying-with-realtors-brings-firm-to-next-level/

Contrarian Investors: Is It Time to Buy Bank of Nova Scotia?

In Canada, rising interest rates could slow down mortgage growth, and there is a risk that some homeowners will have to sell when the time comes to …

The post Contrarian Investors: Is It Time to Buy Bank of Nova Scotia? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/contrarian-investors-is-it-time-to-buy-bank-of-nova-scotia/

Tuesday, 19 June 2018

A Value Dividend Stock You Can Safely Own in Your TFSA

The lender has often been the target of speculators, who blame the bank for its aggressive mortgage lending in Canada where home prices have seen …

The post A Value Dividend Stock You Can Safely Own in Your TFSA appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/a-value-dividend-stock-you-can-safely-own-in-your-tfsa/

Wage uncertainty to continue making dents on Canadians‘ spending

Canadian employees remained doubtful that even a change in jobs will lead them to better financial straits, according to the latest poll conducted by …

The post Wage uncertainty to continue making dents on <b>Canadians</b>‘ spending appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/wage-uncertainty-to-continue-making-dents-on-canadians-spending/

Monday, 18 June 2018

Canada can’t win a trade war, but here’s how investors can profit

In the first case, the likely effect would be a reduction in Canadian GDP of 0.9 per … Essentially what these numbers are telling us is that Canada should sit …. On another level, banks would face increased risks of mortgage default if …

The post <b>Canada</b> can’t win a trade war, but here’s how investors can profit appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canada-cant-win-a-trade-war-but-heres-how-investors-can-profit/

Sunday, 17 June 2018

Letter: It seems housing will always be a problem

Problems arise also when mortgage interest rates are between 3 per cent … Brunswick, where I had accounts with two of the major Canadian banks.

The post Letter: It seems housing will always be a problem appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/letter-it-seems-housing-will-always-be-a-problem/

Saturday, 16 June 2018

Canada’s home prices still flat in April

Statistics Canada recently disclosed that the country’s residential market maintained flat prices for the second month in a row last April. This was driven …

The post <b>Canada’s</b> home prices still flat in April appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-home-prices-still-flat-in-april/

Here Is Why Toronto-Dominion Bank (TSX:TD) Stock Is Still a Buy Heading Into the Summer

Canadian bank stocks have performed well after a good earnings season, but there are economic storm clouds on the horizon. The chief … Banks expected to overcome slower mortgage growth due to higher rates. Most of the top …

The post Here Is Why Toronto-Dominion Bank (TSX:TD) Stock Is Still a Buy Heading Into the Summer appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/here-is-why-toronto-dominion-bank-tsxtd-stock-is-still-a-buy-heading-into-the-summer/

Friday, 15 June 2018

Stricter mortgage rules cooling BC home sales, BCREA says

According to BCREA chief economic Cameron Muir, the massive drop is likely due to mortgage rules imposed by Canada’s banking regulator this year …

The post Stricter <b>mortgage</b> rules cooling BC home sales, BCREA says appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/stricter-mortgage-rules-cooling-bc-home-sales-bcrea-says/

Survey will look at vacancies in PEC

The Canadian Mortgage and Housing Corporation (CMHC) reports the municipality’s vacancy rate of 4.8 per cent, but Carbone said local experience …

The post Survey will look at vacancies in PEC appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/survey-will-look-at-vacancies-in-pec/

CREA Updates Resale Housing Market Forecast

OTTAWA, June 15, 2018 /CNW/ – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple …

The post CREA Updates Resale Housing Market Forecast appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/crea-updates-resale-housing-market-forecast/

May home sales plummet

The Canadian Real Estate Association is lowering its national home sales forecast for this year due to weaker sales in B.C. and Ontario. The industry …

The post May home sales plummet appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/may-home-sales-plummet/

Canadian Home Sales See Worst May In 7 Years

The Bank of Canada uses the posted five-year fixed mortgage rates at the Big Six banks to calculate the benchmark rate. The central bank’s …

The post <b>Canadian</b> Home Sales See Worst May In 7 Years appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-home-sales-see-worst-may-in-7-years/

Canada Has A Subprime Real Estate Problem, You Just Don’t Know It

Canadian subprime lending is often done through private lenders, you access through a mortgage broker. Good brokers always start at the best lender …

The post <b>Canada</b> Has A Subprime Real Estate Problem, You Just Don’t Know It appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canada-has-a-subprime-real-estate-problem-you-just-dont-know-it/

Canadian home sales expected to fall 11% this year

Home sales in Canada are projected to slide by 11 per cent this year, … ongoing supply shortages and this year’s new mortgage stress test,” CREA …

The post <b>Canadian</b> home sales expected to fall 11% this year appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-home-sales-expected-to-fall-11-this-year/

This Canadian Dividend Aristocrat Has 46% Upside!

The company operates in the challenging alternative mortgage industry. Yes, the nature of its business is inherently risky, but the market is applying …

The post This <b>Canadian</b> Dividend Aristocrat Has 46% Upside! appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/this-canadian-dividend-aristocrat-has-46-upside/

Canadian home sales at five-year low in May

“This year’s new stress-test became even more restrictive in May, since the interest rate used to qualify mortgage applications rose early in the month,” …

The post <b>Canadian</b> home sales at five-year low in May appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-home-sales-at-five-year-low-in-may/

Canada’s Mortgage Stress Test Starting to Reflect in Data

Now, RBC Capital markets has also declared the best days for the Canadian mortgage lenders are in the rear view mirror. In a recent publication from …

The post <b>Canada’s Mortgage</b> Stress Test Starting to Reflect in Data appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-mortgage-stress-test-starting-to-reflect-in-data/

Thursday, 14 June 2018

Canada’s household debt burden falls to two-year low

Canada’s household debt load took a notable step back from near-record levels in the first quarter of the year, as the trifecta of tougher mortgage rules, …

The post <b>Canada’s</b> household debt burden falls to two-year low appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-household-debt-burden-falls-to-two-year-low/

UK judge bans singer from social media over anti-Semitism

OTTAWA – The amount Canadians owe relative to their income crept lower for the second quarter in a row as mortgage borrowing slowed along with …

The post UK judge bans singer from social media over anti-Semitism appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/uk-judge-bans-singer-from-social-media-over-anti-semitism/

Canadian Household Debt Ratio Dips

Households borrowed $22.2 billion in Q1, down from $25.4 billion in Q4. Mortgage borrowing fell $2 billion to $13 billion, the lowest levels since 2014.

The post <b>Canadian</b> Household Debt Ratio Dips appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-household-debt-ratio-dips/

Key household debt ratio creeps lower in Q1

OTTAWA — The amount Canadians owe relative to their income crept lower for the second quarter in a row as mortgage borrowing slowed along with …

The post Key household debt ratio creeps lower in Q1 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/key-household-debt-ratio-creeps-lower-in-q1/

Drug testing appeal tossed

The amount Canadians owe relative to their income crept lower in the first quarter of this year as mortgage borrowing slowed along with a cooler …

The post Drug testing appeal tossed appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/drug-testing-appeal-tossed/

Mortgage borrowing slides to lowest since 2014

Canadiansmortgage borrowing over the first three months of 2018 fell by $2 billion to $13.7 billion — the lowest level since the second quarter of …

The post <b>Mortgage</b> borrowing slides to lowest since 2014 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/mortgage-borrowing-slides-to-lowest-since-2014/

Honeymoon over for homeowners

Through most of this decade, Canadians have taken advantage of … He also believes that homeowners with significant home equity or mortgage …

The post Honeymoon over for homeowners appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/honeymoon-over-for-homeowners/

Drake ‘I’m Upset’ video features ‘Degrassi’ reunion

OTTAWA – The amount Canadians owe relative to their income crept lower in the first quarter of this year as mortgage borrowing slowed along with a …

The post Drake ‘I’m Upset’ video features ‘Degrassi’ reunion appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/drake-im-upset-video-features-degrassi-reunion/

Canadian mortgage borrowing drops to lowest level since 2014

Mortgage activity in Canada has dropped to the lowest level since 2014, falling by $2 billion to $13.7 billion in the first three months of the year, …

The post <b>Canadian mortgage</b> borrowing drops to lowest level since 2014 appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-mortgage-borrowing-drops-to-lowest-level-since-2014/

Canadians‘ debt burden falls to two-year low as incomes grow

Canadians‘ debt burden falls to two-year low as incomes grow … Mortgage borrowing fell to $13.7 billion from $15.7 billion, the lowest since the …

The post <b>Canadians</b>‘ debt burden falls to two-year low as incomes grow appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadians-debt-burden-falls-to-two-year-low-as-incomes-grow/

Canada’s household debt burden hits two-year low

Canadian household debt as a share of income, a measure closely … Mortgage borrowing fell to $13.7-billion from $15.7-billion, the lowest since the …

The post <b>Canada’s</b> household debt burden hits two-year low appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadas-household-debt-burden-hits-two-year-low/

Ajax Mortgage Lender

Short Business Description: Mortgages by Sean Stewart is Ajax’s premium mortgage broker. Offering our clients the best home loans. Specializing in …

The post Ajax <b>Mortgage</b> Lender appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/ajax-mortgage-lender/

Wednesday, 13 June 2018

How Much Does it Cost

Dominion Lending Centres Canadian Mortgage Experts … Mortgage professionals work for you, and not the banks; therefore, they work in your best …

The post How Much Does it Cost appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/how-much-does-it-cost/

Is Now the Time to Pay Down a Mortgage, or Invest Long-Term?

The realities is that approximately two thirds of the debt Canadians carry is, on average, mortgage-related. Having a big mortgage has become a way …

The post Is Now the Time to Pay Down a <b>Mortgage</b>, or Invest Long-Term? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/is-now-the-time-to-pay-down-a-mortgage-or-invest-long-term/

Vancouver has Canada’s highest average consumer debt: TransUnion

On average, Vancouverites were carrying $38,753 in consumer, non-mortgage debt in the first quarter of 2018, according to a TransUnion report …

The post Vancouver has <b>Canada’s</b> highest average consumer debt: TransUnion appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/vancouver-has-canadas-highest-average-consumer-debt-transunion/

Credit Rebound Observed in Canadian Oil Regions

The average new mortgage originated in Canada in Q4 2017 was $284K, up 3.5% from the previous year. TransUnion’s most recent report also found …

The post Credit Rebound Observed in <b>Canadian</b> Oil Regions appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/credit-rebound-observed-in-canadian-oil-regions/

Tuesday, 12 June 2018

Mirror Warren Buffett’s Portfolio With These 3 Canadian Stocks

Mirror Warren Buffett’s Portfolio With These 3 Canadian Stocks … its less-volatile retail banking business and its conservative book of mortgage loans.

The post Mirror Warren Buffett’s Portfolio With These 3 <b>Canadian</b> Stocks appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/mirror-warren-buffetts-portfolio-with-these-3-canadian-stocks/

Private lending becomes new normal

Private lenders have doubled their share of Canadian mortgages since 2015. A Better Dwelling report revealed that private lenders originated over …

The post Private lending becomes new normal appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/private-lending-becomes-new-normal/

CMHC completes annual look at seniors’ housing

… increasing in Québec according to the regional Seniors’ Housing Reports released today by Canada Mortgage and Housing Corporation (CMHC).

The post CMHC completes annual look at seniors’ housing appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/cmhc-completes-annual-look-at-seniors-housing/

Is Laurentian Bank a Safe Long-Term Dividend Play?

Canadian banks have traditionally been held as excellent long term … profile of Laurentian surrounding newfound concerns about mortgage quality.

The post Is Laurentian Bank a Safe Long-Term Dividend Play? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/is-laurentian-bank-a-safe-long-term-dividend-play/

Canadian Lender 5-Year Fixed

Find out more about Canadian Lender’s 5-Year Fixed rate of 3.09% and connect directly with a mortgage agent.

The post <b>Canadian</b> Lender 5-Year Fixed appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-lender-5-year-fixed/

IMF warns of multiple risks to Canadian real estate prices

Noting that real estate prices are a “key domestic risk”, the IMF specifically cited mortgage rates, price expectations, and unemployment as crucial …

The post IMF warns of multiple risks to <b>Canadian</b> real estate prices appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/imf-warns-of-multiple-risks-to-canadian-real-estate-prices/

Monday, 11 June 2018

New homes for Indigenous people under construction in Surrey

SURREY, BC, June 11, 2018 /CNW/ – The governments of Canada and British Columbia are …. SOURCE Canada Mortgage and Housing Corporation.

The post New homes for Indigenous people under construction in Surrey appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/new-homes-for-indigenous-people-under-construction-in-surrey/

Introducing Canada’s Newest Bank – Haventree Bank

Haventree Bank originates mortgages through the mortgage broker channel and is a member of the Canada Deposit Insurance Corporation (“CDIC”).

The post Introducing <b>Canada’s</b> Newest Bank – Haventree Bank appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/introducing-canadas-newest-bank-haventree-bank/

Is It Possible to Live Without Debt In Today’s Economic Environment?

… the average Canadian owes $1.70 for every $1 of disposable income, … Canadian Mortgage and Housing Corporation for Canadian households to …

The post Is It Possible to Live Without Debt In Today’s Economic Environment? appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/is-it-possible-to-live-without-debt-in-todays-economic-environment/

As Trump bellows, a dimmer view of the Canadian dollar

Mr. Hui and Mr. O’Connor now expect to see the Canadian dollar at just …. among other things, new mortgage-qualification rules came into effect.

The post As Trump bellows, a dimmer view of the <b>Canadian</b> dollar appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/as-trump-bellows-a-dimmer-view-of-the-canadian-dollar/

British Columbia’s housing tax foreseen to affect market prices

Under this regulation, property owners outside the province will be taxed 0.5% this year and will reach 2 % for foreign investors and 1% for Canadian …

The post British Columbia’s housing tax foreseen to affect market prices appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/british-columbias-housing-tax-foreseen-to-affect-market-prices/

Saturday, 9 June 2018

TSX Drives for Small Gains

The Canadian dollar recovered 0.27 cents to 77.34 cents U.S. … Meanwhile, Canada Mortgage and Housing Corporation reported that the trend in …

The post TSX Drives for Small Gains appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/tsx-drives-for-small-gains/

Ignore the Short Sellers and Buy Toronto-Dominion Bank (TSX:TD)

There is some truth to the claim that there is a lack of growth opportunities in Canada’s saturated mortgage market. Toronto-Dominion’s large U.S. …

The post Ignore the Short Sellers and Buy Toronto-Dominion Bank (TSX:TD) appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/ignore-the-short-sellers-and-buy-toronto-dominion-bank-tsxtd/

This Beaten-Down Stock Deserves Better

Canada (TSX:LB) announced second-quarter earnings June 1 and they were reasonably good despite facing an ongoing mortgage problem that’s …

The post This Beaten-Down Stock Deserves Better appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/this-beaten-down-stock-deserves-better/

Why aren’t home prices falling? Home sellers won’t have it

And the pace at which Canadians have been accumulating debt has … The point of Ottawa’s stricter mortgage rules was to force Canadians to take on …

The post Why aren’t home prices falling? Home sellers won’t have it appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/why-arent-home-prices-falling-home-sellers-wont-have-it/

Higher rates, tighter mortgage rules cool Canadian home prices

Related video: 5 secrets from real estate insiders [Provided by GoBankingRates]. Higher borrowing costs and tighter mortgage rules in Canada are …

The post Higher rates, tighter <b>mortgage</b> rules cool <b>Canadian</b> home prices appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/higher-rates-tighter-mortgage-rules-cool-canadian-home-prices/

Pace of new housing construction slows in May

… May amid a double-digit decline in multi-unit projects in urban areas after several months of above-average activity, Canada Mortgage and Housing …

The post Pace of new housing construction slows in May appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/pace-of-new-housing-construction-slows-in-may/

Financials, Energy Stocks Weigh on Market

The Canadian dollar recovered 0.02 cents to 77.1 cents U.S. … Meanwhile, Canada Mortgage and Housing Corporation reported that the trend in …

The post Financials, Energy Stocks Weigh on Market appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/financials-energy-stocks-weigh-on-market/

TSX Dips at Open, Weighed by Financials

Meanwhile, Canada Mortgage and Housing Corporation reported that the trend in housing starts was 216,362 units in May, down from 225,481 units …

The post TSX Dips at Open, Weighed by Financials appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/tsx-dips-at-open-weighed-by-financials/

New housing construction falls to lowest level in a year

Housing starts fell 9.8 per cent to an annualized 195,613 units, from 216,775 in April, Canada Mortgage & Housing Corp. said Friday from Ottawa.

The post New housing construction falls to lowest level in a year appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/new-housing-construction-falls-to-lowest-level-in-a-year/

Futures Dip Friday

The Canadian dollar edged lower 0.13 cents to 76.94 U.S. early Friday … Meanwhile, Canada Mortgage and Housing Corporation was due out this …

The post Futures Dip Friday appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/futures-dip-friday/

Canadian Housing Starts Trend Declines in May

Canadian Housing Starts Trend Declines in May … to 225,481 units in April 2018, according to Canada Mortgage and Housing Corporation (CMHC).

The post <b>Canadian</b> Housing Starts Trend Declines in May appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/canadian-housing-starts-trend-declines-in-may/

IMF Warns That Canadian Real Estate Is A “Key Domestic Risk”

Not to mention the impact to the wallet of the nearly 50% of homeowners expected to renew their mortgages this year. If you’re bullish on the Canadian …

The post IMF Warns That <b>Canadian</b> Real Estate Is A “Key Domestic Risk” appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/imf-warns-that-canadian-real-estate-is-a-key-domestic-risk/

Morning Update: Doug Ford’s victory and what it means for Ontario

An assessment released by the Bank of Canada suggests that higher interest rates and tougher mortgage regulations have successfully curbed lofty …

The post Morning Update: Doug Ford’s victory and what it means for Ontario appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/morning-update-doug-fords-victory-and-what-it-means-for-ontario/

High household debt, housing market biggest risks to financial system, Bank of Canada says

Canada’s financial system is resilient, according to the Bank of Canada, but high household debt and imbalances in … rates and policy measures aimed at mortgage financing and housing,” the bank said in a statement on Thursday.

The post High household debt, housing market biggest risks to financial system, Bank of <b>Canada</b> says appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/high-household-debt-housing-market-biggest-risks-to-financial-system-bank-of-canada-says/

Nearly half of Canadian seniors have financial worries: report

Nearly half of Canadian seniors have financial worries: report … Keehn suggests revisiting your mortgage plan to make sure it doesn’t become an …

The post Nearly half of <b>Canadian</b> seniors have financial worries: report appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/nearly-half-of-canadian-seniors-have-financial-worries-report/

Release of the Financial System Review

We are looking forward to lending data from the second quarter, as well as the latest information from the Canada Mortgage and Housing Corporation …

The post Release of the Financial System Review appeared first on Consumer-Mortgage.



source http://consumer-mortgage.com/release-of-the-financial-system-review/