Save on Interest Payments
Posted on Jan 12, 2012

If you ever watch HGTV Canada, you've most likely seen shows like “Til Debt Do Us Part” or Slice channel’s “Princess”...
No BoC rate hike until Q1 2013
Posted on Jan 10, 2012

By Claire Sibonney TORONTO • A deteriorating European economy and weak global growth will keep the Bank of Canada from raising rates for at least another year, though an interest rate cut looks highly unlikely, according to a Reuters survey. The Reuters ...
What Happened in 2011?
Posted on Dec 19, 2011

It’s that time of year again. The market slows to a crawl as Canadians prepare for the holiday season, and we all stop to reflect on the year that has passed. What did 2011 mean to CENTUM and to the mortgage industry? When we think about it, one word comes to mind as the best description:...
“Snowbirds” Escape for Winter
Posted on Dec 08, 2011

Everywhere you turn, people are talking about the economic slowdown and if it’s still a good time to buy that vacation home in the U.S. or someplace else....
Canadian Housing Market to Stabalize
Posted on Nov 09, 2011

Canadian Housing Market to Stabilize OTTAWA, November 4, 2011 — Housing starts are forecast to stabilize into 2012, according to Canada Mortgage and Housing Corporation’s (CMHC) fourth quarter 
How Do You Choose Which One is Better - Fixed or Variable?
Posted on Nov 08, 2011

As promised in our blog last month, I thought we would do an overview of fixed versus variable rates, as this is a constant water cooler topic. As predicated, l...
Class Action Lawsuit Filed Against CIBC Mortgages on Prepayment Penalties
Posted on Oct 18, 2011

Class Action Lawsuit Filed Against CIBC Mortgages on Prepayment Penalties Consumers hate mortgage prepayment penalties, largely because they don’t understand them.
Giving Thanks to Low Mortgage Rates
Posted on Oct 04, 2011

At this time last year, sitting around the feast laden table, many economic forecasts indicated that mortgage rates would be on the rise in 2011.
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