Online Mortgage Brokers, Now Commission-Free Real Estate Listings Go On-line
The savings garnered from using an online mortgage broker are now multiplied by the introduction of a commission-free listings service that challenges the monopoly held by the Canadian Real Estate Association’s MLS listing service.
Read moreSecond Mortgages Finance Vacation Properties in U.S.-Sunbelt
Canadians tap into home equity, using second mortgages to purchase vacation properties at market-bottom prices in the American Sunbelt.
Read moreAnalysts: ‘Loonie’s Strength May Signal Interest, Mortgage Rate Hikes’
A survey by Bloomberg News indicates that the continuing strength of the Canadian loonie against the U.S. dollar may translate into further interest and mortgage rate hikes.
Read moreMarket Analysis Should Reassure First-Time Homebuyers
A recently released RBC Economics market report should assuage first-time homebuyer fears that they may be buying into a U.S.-style housing bubble.
Read moreFederal Finance Minister Weighs in on Canadian Mortgage Markets
Federal Finance Minister, Jim Flaherty weighs in on the state of Canadian mortgage and housing markets in the wake of a cautionary OECD report highlighting the risk of rising interest rates over the next several years.
Read moreMortgages for Purchasers with Bad Credit History
Mortgages may be available to individuals with bad credit who have given up or postponed home ownership, even as they take steps to repair a bad credit score.
Read moreWeighing the Refinancing Option
Whether refinancing an existing mortgage is the right move depends as much on a homeowner’s personal circumstances as on available interest rates.
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