A clear mortgage policy- Consult with a Vancouver Mortgage Broker

Jim Murphy, Special to Financial Post The Canadian housing and mortgage markets receive extensive attention by economists, analysts and the media. The purchase of a home after all is the largest financial commitment that an individual will make in his or her lifetime. Since 2008 and the height of the financial crisis, the federal government […]

Fighting Mortgage Fraud – Consult with a Vancouver Mortgage Broker

Fighting Mortgage Fraud Special to CMT, By Karen Beattie, NEXSYS Financial  Mortgage fraud in Canada has increased by a staggering 50% in recent years, according to Equifax. While accounting for only 13% of attempted frauds in 2011, mortgage fraud was responsible for two-thirds, or $400 million, of the estimated dollar amount of financial fraud in Canada. […]

Bank of Canada’s Poloz upbeat about economic growth – Ask a Vancouver Mortgage Broker

Bank of Canada‘s Poloz upbeat about economic growth BARRIE MCKENNA AND BRENT JANG-  OTTAWA/VANCOUVER — The Globe and Mail Bank of Canada Governor Stephen Poloz is painting a brighter picture for the Canadian economy while tossing aside concerns over a housing bubble. Canada is on its “way home” to more natural economic growth as central banks prepare […]

Flaherty threatens action – Consult with a Vancouver Mortgage Broker

Finance Minister Jim Flaherty says he will step in to intervene once more if the housing market appears to move toward a bubble. “I’m comfortable with where we are, but we have to watch and, if we see anything moving toward a bubble, we can intervene,” Flaherty said in an interview with BNN Television this week. “It’s […]

StatsCan’s National Household Survey – Consult with a Vancouver Mortgage Broker

StatsCan’s National Household Survey Three out of five homeowners are saddled with mortgages. But in many ways it’s harder being a renter. Statistics Canada finds that a significantly larger percentage of renters are overextended than homeowners in this country. That’s one of the more noteworthy findings in its National Household Survey (NHS) data released this week. Other highlights:   […]

5 ways to pay off your mortgage faster – Ask a Vancouver Mortgage Broker

5 ways to pay off your mortgage faster Want to get relieve yourself of mortgage stress? Check out our tips for paying off your mortgage faster and saving more money. Purchasing a home is a major accomplishment, but paying off your mortgage as early as possible will be the best investment you can make. A […]

One couple’s all-in bet on rising real estate – Ask a Vancouver Mortgage Broker

DIANNE MALEY- Special to The Globe and Mail Mel and Melanie have a home in Quebec, three rental properties and a mountain of mortgage debt. But Canadians love their real estate, so now that Melanie is back at work, they want to buy more. He is eyeing a commercial property, while she wants a vacation home […]

How you helped Canada’s big banks weather the financial crisis- Ask a Vancouver Mortgage Broker

ROB CARRICK– The Globe and Mail The little-discussed safety net that helped the big banks through the financial crisis was their complete, masters-of-the-world dominance over the day-to-day financial affairs of almost all Canadians. When the banks need revenue and profits, they simply have their clients supply it. And so they did in 2007, as the crisis […]

Home Series: Getting ready to sell? 10 staging tips to wow home shoppers – Ask a Vancouver Mortgage Broker

LUCIE BRAND – Special to The Globe and Mail The following article is from Canadian Real Estate Wealth Magazine. Preparing any property for sale can be a daunting and often overwhelming task, even for a seasoned investor. Whether you are living in your current investment property or if it has been tenanted for years there are some […]

Home shoppers, don’t rush to buy just to lock in a cheap mortgage – Consult with a Vancouver Mortgage Broker

ROBERT MCLISTER– Special to The Globe and Mail The idea that low mortgage rates are gone forever sent Canadian home shoppers into a panic this summer. Thousands rushed to use their rock-bottom pre-approved mortgage rates and buy a home, contributing to a20 to 50 per cent spike in sales last month in Canada’s biggest housing markets. But […]

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