In this second edition of our monthly series, Amanda Reaume explains how you can build your credit score back up and change your spending habits after declaring bankruptcy. Read on for her tips.
In a move that will further alter the banking landscape in Canada, Meridian credit union is looking to join the big five in becoming a federally chartered bank by 2018. However, all of its services will be based online rather than in brick-and-mortar locations.
Thinking of buying a former grow-op? Such properties can be steeply discounted, even in Canada’s hottest markets – but insurers and mortgage lenders may refuse to back your home purchase.
Prospective home owners may see their affordability shrink as another set of mortgage rules are slated to go into effect this summer. Here’s what buyers need to know.
Meridian has made mortgage history with a 1.49% mortgage rate for a 18-month period. How can you qualify for this rate – and how much would you save? Here’s what consumers need to know.
Alternative Online Lenders are growing in popularity as steeper mortgage rules prevent some would-be buyers from getting traditional loans. Here’s what you need to know about them.
What is a credit union, and how does it differ from a traditional bank? Should you use the services of a credit union for your mortgage, savings or investing? Read on to learn more about credit unions vs banks.
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.