For young people, debt might come before RRSPs – Ask a Vancouver Mortgage Broker

Resolving to “get healthy” is a decent plan. However, setting a goal of biking to work and cutting out your afternoon peppermint mocha and chocolate cookie is an even more effective plan. How to practice ‘sustainable spending’ in retirement so you don’t run out of money Congrats! You’ve grown your nest egg to a size […]

A New Bank With a New Model — Canadian First – Ask a Vancouver Mortgage Broker

A New Bank With a New Model — Canadian First  By Rob McLister, Editor, CanadianMortgageTrends.com Being a Canadian bank puts you in exclusive company. There are5,991 commercial banks in the U.S., but just 25schedule I banks in Canada. That number will soon become 26 because Canadian First Financial Holdings Limited has just received OSFI approval to incorporate as a bank. (The bank’s […]

ING Sold to Scotia – current customers with low mortgage rates should remain unaffected.

  ING Sold toScotia This shouldn’t come as a shock to spectators of the mortgage market, but ING Direct now has a buyer. If everything falls into place, Scotia Bank will buy ING Direct to the tune of $3.1 billion. Note that current customers with low mortgage rates should remain unaffected. Obviously, the deal must […]

ING Direct Canada May be Sold- What will happen to Vancouver Home Mortgages Underwritten by ING?

ING Direct Canada May be Sold According to some sources, ING Direct Canada (ING), the top ranking online bank brand in the country may be up for sale. The question for many people in British Columbia has become, what will happen to Vancouver home mortgages underwritten by ING? This potential sale is not due to […]