Choosing a residential mortgage in today’s market can seem like a daunting task. The borrower can be faced with a myriad of choices. Each lending institution presents their respective claims to the enquiring borrower in an attempt to entice them to use their residential mortgage product. Each one assures the borrower that their product is [...]
Posts Tagged ‘Cmhc’
Residential Mortgages (part 1)
Posted by admin on December 19th, 2009
Posted in Articles 
Tags: Aig, Bad Credit History, Borrowers, Canada Mortgage And Housing, Canada Mortgage And Housing Corporation, Cmhc, Daunting Task, Genworth, Genworth Financial, High Ratio, Insurer, Lending Institution, Lending Institutions, Mortgage Product, Mortgages, Own Resources, part, Residential, Residential Mortgage, Residential Mortgages, S Market, Typical Fees, Verifiable Income 
No Comments »More Canadians are Turning to Mortgage Brokers
Posted by admin on December 8th, 2009
When it comes to mortgage financing, more and more Canadians are choosing to work with a professional mortgage broker. According to a recent study by the Canada Mortgage and Housing Corporation (CMHC), 23 per cent of mortgages written were arranged through a broker. Canadians are just catching up with their American neighbors, who are [...]
Posted in Articles Tags: American Neighbors, brokers, Canada Mortgage And Housing, Canada Mortgage And Housing Corporation, Canadians, Chartered Banks, Cmhc, Full Spectrum, Independent Mortgage Broker, Investment Returns, Lending Institution, Lending Institutions, More, mortgage, Mortgage Brokers, Mortgage Business, Mortgage Options, Mortgage Professional, Mortgage Rates, Ontario Mortgage, Option Information, Personal Visits, Professional Mortgage Broker, Sea Of Change, Turning No Comments »Mortgage Security not That Costly
Posted by admin on December 6th, 2009
Forget everything you thought you knew about the benefits of taking a variable-rate mortgage instead of locking in for the long term. A new study suggests the security of a five-year mortgage costs little or nothing beyond a riskier variable-rate mortgage, providing you get a jumbo-sized rate discount. “Interest costs on discounted closed [...]
Posted in Articles Tags: Ali Manouchehri, Amortized, Amp, Belief That, Canada Mortgage And Housing, Canada Mortgage And Housing Corp, Cmhc, Costly, Economist, Fixed Rate Mortgages, Interest Costs, mortgage, Mortgage Costs, Mortgage Rate, Prime Lending Rate, Prime Rate, Quot, Real World, Security, Variable Rate Mortgage, Variable Rate Mortgages, World Mortgage, Year Mortgage No Comments »