CAAMP survey results – highlights are below: For mortgages on homes purchased recently (during 2012 and 2013 to date), the average rate is 3.22%. For…
Blog Archives
Weekly Dose of Vitamin – M (2013 Victoria Day Edition)
The whole week passed super fast as we all were busy digging and planting. I have decided to take things easy last week, so running…
Mortgage rule tightening on its way again
Extended amortizations like 30 and 35 years will soon be on the chopping block of the policy makers. These mortgages are not insured by the…
Tagged with: Banks, Housing, Mortgage News, Regulation
Posted in Banks, Housing Bubble, Lender, Moregage rule, Mortgage News, Regulation
Posted in Banks, Housing Bubble, Lender, Moregage rule, Mortgage News, Regulation
Weekly Dose of Vitamin – M (128th Edition)
Mortgage News: CMHC Releases its 2012 Annual Report – CMHC Better than the Big Banks: The contrarian take on Home Capital – Globe and Mail…
Weekly Dose of Vitamin – M (127th. Edition)
Mortgage News: Why Canadians are stuck in a low interest rate trap – Toronto Star Majority (60%) of Canadian Homeowners Admit to Mistake Making When…
Weekly Dose of Vitamin – M (126th. Edition)
Mortgage News: How an obscure budget change could raise mortgage rates – Globe and Mail Saying goodbye to your mortgage sooner doesn’t mean saying goodbye…
Weekly Dose of Vitamin – M (125th Edition)
Mortgage News: To get a mortgage, you’ll need to have a stellar credit score – Globe and Mail Canadian Mortgage Growth to Slow as Much…
Another Overhaul in Lenders Reporting System by OSFI
OSFI has updated its requirements how the Canadian deposit taking institutions report their new loan to the regulator via A4. It has also included several…
It is time to give us back the quarter
In 2009 most of the major Canadian banks sent letters to their customers that they will be raising prime rate by 0.25%. From 2.75% to…
Weekly Dose of Vitamin – M (124th. Edition)
Mortgage News: Finance Minister Jim Flaherty should stay out of mortgage pricing, Bank of Nova Scotia chief Rick Waugh says – Globe and Mai Flaherty…
