Key Consumer Mortgage Trends CMHC’s survey was chock full of data that provided important insight into today’s mortgage consumers. Here are some of the key findings from this year’s survey… Mortgage Types 70% of mortgage consumers have a fixed-rate mortg...
These articles delve into best practices and strategies for brokers and brokerages on how to thrive in today’s mortgage market. This can include everything from marketing advice to tips on incorporating the latest technology to ensure mortgage consumers are being well-served....
Mortgage Rates FIXED RATE 4.29% 4.29% VARIABLE RATE 4.44% 4.44% Let’s get started: CHECK OUT THE LATEST FROM OUR NEWS SECTION We write on topics that prospective, existing, and repeat home owners need to know. Oct222024 Your Winter Home Maintenance Checklist ...
and also in terms of mortgage products. For example, mortgage prepayment penalties, which come into play when you switch lenders, can vary greatly depending on whether it is the posted rate or the discount rate that your current
While the Bank of Canada's rate cuts have reduced concerns about mortgage payment shocks as a large portion of mortgage owners will have to renew next year, analysts noted the possibility of a rise in competition. Canadian consumers who signed a mortgage when rates ...
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According to Canada Mortgage and Housing Corp. the annual rate of housing in August 2009 rose to 150,400 units, in which the single-family urban housing rose to 14 percent while the multifamily has 23.8 percent increase. Chief economist Bob Dugan remarks that the adjusted housing rates have ...
How Canada’s latest 2.7% inflation can affect your mortgage Hope rising again Canadians’ hope of an interest rate cut has jumped as the country’s ... May 21, 2024 Load more news Education Entrepreneur How NOT to live and work as a new Canadian Immigrant: Lessons from Nikki “Baby ...
The central bank’s interest rate cuts have helped take pressure off shelter price inflation as mortgage interest costs decelerate. Pressure in the rental market has also relented, with rent rising 7.3% from a year ago, down from an 8.2% annual gain in September. ...
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