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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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16 April 2013

Want a Great Price on a Condo? Go to Montreal!

Toronto has been getting a lot of bad press lately for the amount of condos that are present within the city. But, Toronto’s not the only one with a lot of condos – Montreal has even more and here, it’s a buyer’s market! In March, the number of condos listed on the Montreal market skyrocketed…

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15 April 2013
Does Online Shopping do More Harm than Good?

What could be bad about it? You wake up with a hankering to read the first edition of Hemingway’s For Whom the Bell Tolls, or wanting to get that transmission part you need for when you work on your car this upcoming weekend. So  you get onto Google, find the best product for the cheapest price…

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15 April 2013
BMO Survey about what Buyer’s are Spending not Realistic, says Brokers

When we brought BMO’s first-time home buyers survey to you last week, we asked you at the time if you thought it was realistic. The survey painted a picture of the average first time buyer in Canada: aged 29, looking for a $300,000 home, and coming to the deal with a $48,000 down payment. But…

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14 April 2013
Scotiabank, and Mortgage Brokers, Speak Out Against Flaherty

Just when we thought that the Fla-rate drama was over. We don’t need to remind you about when Flaherty meddled in the mortgage rate business by calling Manulife and telling them to lower their rates. (And if we do need to remind you, please follow the above link. The entire thing is really just exhausting.)…

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13 April 2013
RBC Apologizes

It took them awhile to do some damage control. And in fact, at first it seemed as though nothing would be done at all, unless the government intervened as they said they would. But, after a long week of heated debate and downright outrage on the part of the Canadian public, RBC has issued an…

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13 April 2013
Brokers Once Again Seize Golden Opportunities

Remember when there was an outcry in Canada just a couple of weeks ago when Finance Minister Jim Flaherty meddled in Manulife’s mortgage matters? And remember when we told you about the mortgage brokerage that took that gaffe and ran with it, running an ad declaring that while the Minister might not want the consumer…

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12 April 2013
Money Talks: Volume 20

There was some personal finance talk this week; our personal favourite is Boomer’s post that ties your personal budget in with your home insurance. Savings takes up most of our talk, but there’s some interesting mortgage talk mixed in there too, with some especially good advice from CanEquity about how to prepare your credit before…

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