Blog

Mortgage Interest Rates Increasing Slightly But…

This morning another story appeared in the Globe & Mail about mortgage rates increasing. In this video I share some thoughts and insights for borrowers currently in the market. At the end of the day this upwards trend of fixed rate mortgages should be seen more as a return to more sustainable and realistic ...

How to Protect Yourself from a Mortgage Interest Rate Increase

How To Protect Yourself From A Mortgage Interest Rate Increase One of the questions I get asked all the time is, “how do I protect myself if the mortgage interest rates go up?” To help you with this challenge, I’ve put together 3 points you can use to protect yourself if the mortgage rates ...

Canada Looks to Tighten Mortgage & Credit Lending Rules in 2012

This week there are two headlines grabbing the attention of mortgage brokers, bankers and borrowers in Canada. Both have far reaching implications in the mortgage industry and it may not be a fluke that both are making headlines in Canada at the same time. On the one side we have the government of Canada ...

Toronto Real Estate Housing Bubble

Playing soccer and talking about the Toronto real estate market and possible housing market bubble usually don’t mix. But anything is possible. Last month while I was in Punta Cana attending the 2012 Mortgage Centre’s Annual conference, Avery Shenfeld, Chief Economist of the CIBC, and I were deadlocked in a seriously competitive game of ...

Piggy Banks, Gomax & Mortgages

Any of Tridac – The Mortgage Centre’s clients know exactly what my connection to piggy banks is. If you’ve done business with us then you no doubt have received one of our cute little piggy banks as a ‘thank you’ gift after closing your mortgage.  The significance of the piggy bank runs deep in ...

Mortgage Interest Rate Review January 19th 2012

Late last week while I was away in Punta Cana for the Mortgage Centre Annual conference lenders announced their newest fixed rate mortgages. Lenders are now offering 3.15% for a fixed 5 year rate mortgage which has again set a new low for fixed rate mortgages. Some borrowers might be surprised that the new ...