Top Team
For the country’s largest mortgage teams, switching brokerages is no small effort, but it can often yield new opportunities. As part of a periodic series, CMT features short profiles on $100 milli

Improve Penalty Disclousers On The Way
Two years ago to the day, the Finance Department promised to “bring greater clarity to the calculation of mortgage pre-payment penalties.” Later this year, that promise will become realized. T

Mortgage Rate Holder Calculater
Lenders frequently offer lower interest rates for faster closes (since quicker closings save hedging costs and have lower cancellation rates). When choosing a rate hold period for your mortgage (e

The Scramble For Insured Quick -close
Several smaller lenders are now running promotions on insured quick-close (IQC) mortgages, specifically those with 5-year fixed terms. “Quick closes” are mortgages that must close within 30-45 d

The State Of Statted Income
Canada has 2.67 million self-employed citizens, about 15% of the work force, says CAAMP. Due to how they report income and deduct expenses, these individuals are frequently reliant on stated incom

The Boc On Debit
Households could…experience a significant shock if house prices were to reverse.” That a primary conclusion from the Bank of Canada's Winter Review released last week. We list some of the repo