Super Brokers News
What to Look for in a Mortgage Broker
By: The Super BrokerWith a growing number of brokers entering the Canadian mortgage market, how do you find the one that will work best for you?
Canadian Home Renovation Statistics
By: The Super Broker50 per cent of (or 2.1 million) Canadian households renovated their homes in 2009, and just over 40 per cent intend to this year.
Falling Housing Prices Mean It's Time To Act
By: The Super BrokerWhen home values begin to decline, it ‘s best to take action before lenders and home insurers start narrowing their allowances
HSBC Closes Doors to Mortgage Brokers
By: The Super BrokerHSBC mortgage products were often attributed lengthy turnaround times, and only put forward occasional rate promotions.
Canadians Increasingly Looking to Hybrid Mortgage Products
By: The Super BrokerHybrid mortgages grant homeowners the best of both mortgage rate worlds and manage risk.
Mortgage Insurance is Not Just for High Ratio Loans
By: The Super BrokerMortgage insurance protects the lender in the event the mortgagor defaults on their mortgage payments.
Majority of First-Time Homebuyers Shop Online
By: The Super BrokerA CMHC study finds that First-time homebuyers conduct virtually all of their mortgage inquiries online.
Higher Qualification Rates Posted by Banks
By: The Super BrokerOn April 19th, all banks will be using what is referred to as a ‘benchmark rate’ to see who qualifies for a mortgage.
When to Lose the Bidding War
By: The Super BrokerThere comes a point in time when a house price rises so high that a purchase may just not be a wise decision.
Pre-Approved Rates Null After April 19
By: The Super BrokerAs of April 19, all unsigned pre-approved mortgages will be made null and void due to the new qualifying rate rules.