Canadian existing home sales rose 0.3 percent in August from the previous month, as the lowest mortgage rates since at least 1973 stoke demand. Sales rose to 42,965 units last month, holding at about the five-year high set in May, the Canadian Real Estate Association said from Ottawa Tuesday. The housing market is holding up,
What is a Monoline Lender you ask? First national, Street Capital, MCAP, Merix, Canadiana… who are these players in the mortgage world & why should you know about them? The previously named lenders & many more like them make up a large chunk of mortgage origination in Canada. They are called monoline lenders & today
RENEWING YOUR MORTGAGE You are now a home owner, you have settled into the new place and before you know it, your mortgage is up for renewal! What do you do…… Well, a common mistake we find is that most people just go back to their existing mortgage lender and sign a renewal, but wait…
