Mortgage

Help clients through the mortgage process Fallback Image Decorative pattern

Industry

Help clients through the mortgage process

Many Canadians feel going through the mortgage process is complicated (31%), confusing (20%) or hard to figure out (16%), finds an ING DIRECT survey. Further, 38% of current or former mortgage holders say getting a mortgage is time consuming while 25% describe the process as annoying. By comparison, a mere 7% feel it’s stress-free. Read: […]

By Staff |March 12, 2013

1 min read

Canadian home prices 20% over the odds: Fitch Fallback Image Decorative pattern

Industry

Canadian home prices 20% over the odds: Fitch

Fitch Ratings says Canadian home prices are overvalued by about 20%, reports The Globe and Mail. However, the ratings agency asserts “effects of inflation and price momentum” will keep the current home prices propped and it may be years before they return to their “sustainable values.” While home prices are overvalued across Canada, they are […]

By Staff |March 4, 2013

1 min read

RRSP, TFSA or mortgage? Fallback Image Decorative pattern

Industry

RRSP, TFSA or mortgage?

Clients who contribute to RRSPs are often eager for the immediate gratification of a tax refund.

By Melissa Shin |February 26, 2013

3 min read

Falling mortgage profits hurt U.S. banks Fallback Image Decorative pattern

Industry

Falling mortgage profits hurt U.S. banks

U.S. banks are feeling the pinch as mortgage profits get eroded by rising cost of funding mortgages and a narrowing of the spread between revenue from bond investors and what the banks charge borrowers. Although mortgage rates rose 11 basis points to 3.53% recently, it has done little to boost lenders’ profits, reports FT.com. Banks […]

By Staff |February 1, 2013

1 min read