Blog

Should You Defer Your Mortgage Payment?

Mortgage payment deferrals are an essential lifeline available to Canadians during a difficult time. Early April reports by the Canadian Banking Association indicate that more than 600,000 Canadians have requested mortgage payment deferrals. The average Canadian mortgage payment is $1,326/mth. This puts an estimated $778 million per month into the hands of Canadians who ...

April 2020 Update on Mortgages and Gta Real Estate Market

Wondering what’s going on in the GTA with mortgages and real estate this month? Sit down with top-producing GTA realtor Lawrence Mak & I as we discuss some key observations about the current state of affairs. We are both living the realities of working during the outbreak. We wanted to bring you along on ...

A Friendly Chat About Private Mortgage Financing

Everything you wanted to know about private mortgage financing. Join Chuck Charlton Milton Ontario realtor & I as we dive into an honest conversation about the world of private mortgage financing. Whether you are a borrower looking for the best private mortgage advice or you are a potential investor interested to learn more about ...

April 2020 Bank of Canada Interest Rate Decision

Bank of Canada keeps overnight interest rate unchanged at 0.50%. After a WILD March that saw the Bank of Canada make three -0.50% rate cuts to the policy rate we are finding our new “normal”. Today was the Bank of Canada’s scheduled April policy update. There was no surprise when they announced no further ...

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 ...

Mcap’s Response to Covid-19

With each day that passes, the COVID-19 situation continues to evolve, and along with it, new challenges.  At MCAP we have focused on business continuity while prioritizing the safety of our brokers, homeowners and employees. These are unprecedented times and we want to update you on some of our efforts over the past few weeks. Staying ...

Customer Service Numbers:

CMHC: 1-800-668-2642
Genworth: 1-800-511-8888
Canada Guaranty: 1-866-414-9109

ATB: 1-800-332-8383
B2B: 1-800-263-8349
BMO: 1-877-895-3278
Bridgewater: 1-866-243-4301
CIBC: 1-800-465-2422
CMLS: 1-888-995-2657
Optimum: 1-866-441-3775
Equitable: 1-888-334-3313
Connect First: 403-736-4000
Chinook Financial: 403-934-3358
First Calgary Financial: 403-736-4000
First National: 1-888-488-0794
Haventree: 1-855-272-0051
Home Trust: 1-855-270-3630
HSBC: 1-888-310-4722
ICICI: 1-888-424-2422
Manulife: 1-877-765-2265
MCAP: 1-800-265-2624
Merix: 1-877-637-4911
Marathon: 1-855-503-6060
RBC: 1-866-809-5800
RFA: 1-877-416-7873
RMG: 1-866-809-5800
Scotiabank: 1-800-472-6842
Servus: 1-877-378-8728
Street Capital: 1-866-683-8090
TD: 1-866-222-3456