August 17, 2020
In this week’s post I want to focus on a strange and controversial letter that CMHC’s outgoing President Evan Siddall sent to 100 lenders last week.
Posts from the ‘mortgage advice’ Tag
July 13, 2020
Today's post explains why our recent record employment growth hasn't impacted our mortgage rates and likely won't for some time yet.
July 6, 2020
Today's post offers links to posts and calculators that will benefit anyone who is actively looking to purchase a home.
April 13, 2020
Last week we learned that our economy lost more than 1 million jobs in March. As the significant economic impacts of the lockdown begin to take form, now seems like a good time to speculate on how lenders will adapt their mortgage lending policies to the new reality.
April 6, 2020
If you need a mortgage now and you don’t already have a commitment in place, a variable rate seems like the clear choice. Today's post explains why.
March 23, 2020
Canadian mortgage rates surged higher last week, which surprised borrowers. In today's post I explain why that happened and offer advice to four different groups of borrowers on how to navigate through the COVID-19 crisis.
February 20, 2020
If you are among the many mortgage borrowers who isn’t clear on the difference between mortgage term and mortgage amortization, here is a simple explanation to help clarify.
January 4, 2012
Here is a New Year's resolution that will dramatically improve your financial fitness.