Connected To More
Subscribe
Viewing All Posts. 96 Posts Found.
Page: 1 ... 7 8 9 10   Previous | Next

Canadians’ Net Worth Improving

For the first time in seven years, Canadian GDP has outpaced credit growth, according to a CIBC World Markets report released today. After an uncomfortable increase due to the recession, debt-to-service ratios among Canadians are now flattening. Mortgages in Canada are expanding at a rate of 0.6 percent month over month, the slowest growth since 2003. Lines of credit are growing ...

At CENTUM, We Take Your Privacy Very Seriously

The Office of the Privacy Commissioner (OPC) recently issued an audit report on the Mortgage Broker Industry. Included in the audit were privacy concerns related to a few unlicensed industry agents pulling unauthourized consumer credit reports.  CENTUM Canada takes privacy policies very seriously and fully supports the recommendations of the OPC and The Canadian Association of Accredited ...

Fixed or Variable Rate Mortgage?

How about both? According to the annual RBC Homeowners Survey released this week, 40 percent of people surveyed who are planning on buying a home in the next two years would opt for a combination mortgage. This is a stark rise above the 32 percent who chose this option last year. Not surprisingly, 16 percent of those surveyed say they would opt for a variable rate mortgage in 2010 down ...

Rising Consumer Confidence in Real Estate Market

A TNS Vibe survey released today by TNS Canadian Facts – a marketing, opinion and social research organization – suggests that intentions among Canadians to buy a house or condo have risen to 14% from 11% last September. The survey, which interviewed more than 1,000 Canadians online between March 18 and 25, 2010, also shows that despite those who indicated their intentions to buy six months ago, ...

How Do New Mortgage Rules Affect You?

New mortgage restrictions announced in February by Finance Minister, Jim Flaherty, are now in effect. They are: •Borrowers must now qualify for five-year fixed mortgage rates even if they are applying for shorter-term, variable rates. •The maximum amount that Canadian home owners can withdraw for mortgage refinancing drops to 90% from 95% of the value of their properties. •To qualify for government-backed ...

Investors: 50% Probability of Mortgage Rates Rising by June 1

On April 13, major banks hiked interest rates – leading into what may be the busiest period of home buying activity in recent memory, says the Financial Post. Eric Lascelles, chief economics and rates strategist for the Toronto-Dominion Bank TD Securities Unit, told reporters that investors now agree that there is a 50% probability that Bank of Canada rates will increase as early as June 1. ...
Subscribe
Viewing All Posts. 96 Posts Found.
Page: 1 ... 7 8 9 10   Previous | Next