Tag: mortgage

Among Canadian first-time home buyers, the percentage whom employ a mortgage broker has risen from 30 per cent in 2006 to 45 per cent in 2010.

According to Canadian insurance providers, the average Canadian will pay their mortgage in less time than that provided by their amortization through the option of pre-payments.

TD Canada Trust and RBC have decided to increase mortgage rates on their five-year fixed rates by as much as 25 basis points

In the last three months, more than 14,000 different mortgage brokers and 77 lenders used Filogix Expert to submit their mortgage applications in Canada.

Canadians believe that people are taking on too much debt, yet believe that they are handling their own finances responsibly.

Housing values in Canada are merely “overvalued”, not facing a housing bubble on the verge of bursting.

A growing number of Canadians are negotiating lower than advertised rates.

Imagine a mortgage calculator so comprehensive that the least expensive route to home ownership becomes tangible before a commitment is made

CERA’s 101 board representatives voted in overwhelming favour on an agreement that aims to eliminate anti-competitive rules in the home selling arena.

What is TD’s strategy to stay afloat in a competitive mortgage market which has seen the Canadian home buyer’s business increasingly shifted towards mortgage brokers?