More By laura:

Friday Mortgage Round Up: August 31st, 2012
Mortgage News / Mortgages

Friday Mortgage Round Up: August 31st, 2012

Whatever happened to actually saving for a purchase? With Canadian debt levels at an 8-year high, it’s safe to say saving has become an antiquated concept. But when it comes to your mortgage, upping the down payment ante can make a HUGE difference for your return on investment. Want to learn more? We’ve crunched the numbers for you with our new Mortgage Calculator! Continue reading »

Friday Mortgage Round Up: August 17th, 2012
Mortgage News / Mortgages

Friday Mortgage Round Up: August 17th, 2012

The CMHC had added their predictions to the cooling housing market pile – and they’re fortunately less extreme than past calls of a 10 per cent drop. While they’re forecasting a slowdown in pricing, new construction and existing home sale figures, Canada’s housing market is still sitting pretty compared to the U.S., where 4 million homeowners are now underwater on their mortgages. Continue reading »

Friday Mortgage Round Up: July 20th, 2012
Mortgage News / Mortgages

Friday Mortgage Round Up: July 20th, 2012

This week we saw the Bank of Canada stick to their guns, announcing they would hold their rate of 1 per cent in their July announcement. In new mortgage rule news, lenders are responding to the guidelines in different ways, with some banks applying limitations to their conventional mortgage products as well – and credit unions may provide options for those looking to skirt the new HELOC and cash-back mortgage rules. Continue reading »