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Market Monitor

We keep our finger on the pulse of the mortgage investment market to provide you with the latest news and trends from our team of experts. Read our blog to get the latest on mortgage investing so you can invest with CMI.

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17 August 2013

Money Talks: Volume 38

Did you grow up in a frugal family? Will you be working overtime on the Calgary floods? Find out all the answers and more in this week’s edition of Money Talks. Personal Finance Are you trying to save but find that something always sabotages those plans? Gail Vaz-Oxlade shows you what they are, and why…

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16 August 2013
Home Sales were Up in July!

June home sales around Canada didn’t produce terrible numbers, but with slight drops in certain areas they still had many people asking if the slight improvement may have just been a blip on the radar, and one to quickly disappear at that. But July proved differently, and home sales for last month showed that we…

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15 August 2013
CRA Brings Relief to Flood Victims in Alberta

Just yesterday we talked about how the CRA is trying to catch tax cheats around the country. But in addition to keeping Canadians honest, the CRA also steps in when help is needed – and is there to provide it. That’s the current case with flood victims in Alberta who are turning to their employers…

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14 August 2013
CRA’s Tax Evasion Investigation goes Middle-Class

For several months now Canadians have known about the massive investigation performed by CRA (Canada Revenue Agency) that’s been trying to expose tax cheats. Up until this point the investigation has mostly focused on offshore tax accounts, and multi-millionaires that are simply trying to hide their money from the government so they don’t have to…

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13 August 2013
Don’t Want Your Mortgage Seized? Don’t Live in California!

Thank goodness things like this don’t happen in Canada! But this is one mortgage story from California that was so shocking, we had to tell you about it. If nothing else, it gives us one more reason to be happy that Canada’s and America’s mortgage markets are very different. The story takes place in Richmond,…

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12 August 2013
Job Data Tanks in July

Watching the job market is a lot like watching the mortgage market. It’s got its own ebbs and flows, and the emerging data is that of the type that’s always changing. This year March saw a steep decline in jobs, only to be picked up by April’s number of 95,000 jobs that were created. Now…

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11 August 2013
Utility Costs Show Desperately Needed Home Renovations to PM Harper’s Home

The home where the Prime Minister of Canada resides at 24 Sussex Drive is a real thing of beauty. Old brick architecture gives it charm, ivy fashionably climbs the wall, and the lawn is perfectly manicured. But underneath that beauty is millions of dollars of home renovation work that needs to be done; and if…

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