News
Jan 4
The Evolution of Rental Financing
Ever since the credit crisis, there’s been an ongoing clampdown on mortgage risk. Nowhere is that more evident than with rental and self-employed mortgages.
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Sep 26
Save up for a down payment? The young adult's struggle
If you asked 100 recent home buyers if they were satisfied with the size of their down payment, as many as 60 of them would say no. That’s what TD Canada Trust found in a recent survey of first time home buyers.
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Aug 8
Decade Long Slowdown for Brokers
A new bank report is suggesting mortgage brokers may be in for a decade-long slowdown in the real estate market.
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Jun 21
Mortgage clampdown will save Canadians thousands: Flaherty
At a news conference in Ottawa, Mr. Flaherty confirmed that Ottawa will reduce the maximum amortization period to 25 years from 30 years.
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Jun 19
Retail Sales Tax
Retail Sales Tax to be added to loan advances effective July 15 2012.
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Jun 6
Overnight Rate Held Steady
The Bank of Canada has left its policy rate as-is, at 1%.
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May 4
Mortgages: Nail the right term length the first time
Finding a good mortgage rate online is a cinch. Anyone who has ever looked for rate comparison sites knows the Internet is packed with them.
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Apr 17
BoC Hints at “Withdrawal of…Stimulus”
The Bank of Canada held the line today and left the country’s pace-setting overnight rate at 1%.
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Mar 12
The BoC’s household debt conundrum: Rate hikes or regulation?
Economists are pretty much in agreement that the Bank of Canada, while still maintaining its interest rates at a stimulus-level 1.00%, also adopted a more hawkish tone in its latest comments.
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Mar 7
Goodbye to three irritating bank practices
Three annoying things that banks do to customers are about to become history.
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