Archive | May, 2014

Saskatoon Mortgage Broker shares news on CMHC making mortgage information public

CMHC agrees to make more mortgage information public Article by Garry Marr, Financial Post, May 30, 2014 “Canada’s largest mortgage default insurer has agreed to industry demands to make more information about its portfolio public. Canada Mortgage and Housing Corporation, a Crown Corporation that controls about 60% of the market, has released a supplemental section (…) Continue Reading →

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Saskatoon Mortgage Broker shares article on Paying off your Mortgage

Should You Payoff Your Mortgage? Article by Jon Dulin, pennythots.com “After the Great Recession, many homeowners lost a lot of equity in their homes. Even with government attempts to bail out homeowners, many found themselves underwater and unable to move. In many cases, homeowners found it hard to even make their monthly mortgage payment. Fear (…) Continue Reading →

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Saskatoon Mortgage Broker shares article on Canadian Home Affordability

Canadian home affordability caught in a tug of war Article by Tara Perkins, The Globe and Mail, May 27, 2014 “The affordability of homes in Canada is caught in a tug of war between rising prices and lower mortgage rates. But the country’s biggest bank predicts that that’s all about to change. Royal Bank of (…) Continue Reading →

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