Mortgage

Trez Capital CEO retires Fallback Image Decorative pattern

Industry

Trez Capital CEO retires

Michael J.R. Nisker, Trez Capital Senior Mortgage Investment Corporation’s president and CEO, will be retiring effective November 11, 2016. Sandy Manson, who is currently the company’s CFO, will assume the role of president and CEO after Nisker’s departure. Read: Banks tighten mortgage rules for non-residents Greg Vorwaller will be appointed to the board to replace […]

By Staff |September 29, 2016

1 min read

Banks tighten mortgage rules for non-residents Fallback Image Decorative pattern

Economic Indicators

Banks tighten mortgage rules for non-residents

If your client is a non-resident, getting a mortgage just got harder, at least at two Canadian banks. Bank of Nova Scotia recently amended its income verification policy for non-residents, who could circumvent the policy if they had large down payments, reports the Globe and Mail. And Bank of Montreal will require non-residents to verify […]

By Staff |September 26, 2016

1 min read

Get ready for tougher mortgage rules Fallback Image Decorative pattern

Industry

Get ready for tougher mortgage rules

Homebuyers should expect tougher mortgage rules to fully kick in by January 1, 2017.

By Staff |September 12, 2016

1 min read

Average price for GTA low-rise home exceeds $900,000 Fallback Image Decorative pattern

Economic Indicators

Average price for GTA low-rise home exceeds $900,000

The average price of a new low-rise home in the GTA has surpassed $900,000 for the first time, says BILD.

By Staff |August 22, 2016

3 min read