Reverse Mortgages in Canada Are Taking off in a Big Way
Reverse mortgages are taking off again in Canada. This growth is due in part to a combination of an aging baby boomer population, rising real estate values, and the rising cost of living. Mortgage lenders are taking note. Many new products are coming to the market, creating competition that is good for consumers. All ...
Cmhc to Increase Minimum Down Payment to 10%
Canada Housing & Mortgage Corporation’s (CMHC) top boss made some comments this week that has raised speculation that big changes are headed our way. Among many ominous predictions, the CEO suggested that CMHC should eliminate its 5% down payment program. This would lead to changing the minimum down payment to 10%. Here’s what was ...
April 2020 Gta Real Estate Market Review
Join me on a video call, where I discuss my take on the GTA real estate market review for April. Topics include interest rates ...
A Friendly Chat About Private Mortgage Financing
Everything you wanted to know about private mortgage financing. Join Chuck Charlton and I on his podcast as we dive into the world of private ...
April 2020 Bank of Canada Interest Rate Decision
What happened during today's BoC meeting? Here's a review form the April 2020 Bank of Canada interest rate ...
Canada’s Covid-19 Economic Response Plan
The Canadian government has been working fast and furious to develop a response to the economic impact caused by the covid-19 outbreak. The following link will take you to the Government of Canada’s covid-19 economic response plan page: Canada’s COVID-19 Economic Response Plan The plan covers the following critical areas: Support for Canadians: Temporary ...