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Wayne Mah

Senior Mortgage Planner

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    • 19JAN
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      No change at Bank of Canada

      In a surprise to no one, the Bank of Canada left their overnight rate unchanged today in their latest rate announcement. Overall, the tone of the news release is pretty much the same as the last few. For some, this may be boring and uneventful but sometimes that is a good thing like now. This

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    • 14JAN
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      86% of Canadians take fixed rate mortgages

      The Canadian Association of Accredited Mortgage Professionals (CAAMP ) released the results of an extensive survey conducted by them that found 86% of Canadians are taking a fixed rate mortgage when buying a home. In fact, a whopping 70% were taking a fixed rate term greater than 5 years!!! This is contrary to extensive reports

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    • 05JAN
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      AIG United Guaranty Mortgage Insurance Company Canada sold

      A group of private investors led by the Ontario Teachers’ Pension Plan announced today an agreement to purchase AIG United Guaranty Mortgage Insurance Company Canada from AIG Inc. If you recall, AIG Inc. was one of the companies that received bail out money from the US government during the height of the credit crunch. The

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