Mortgage News
Rate Hold vs. Pre-Approval mis-con-cep-tion (noun) – a view or opinion that is incorrect because it is based on faulty thinking or understanding; mistaken notion; an erroneous conception. With not knowing how to start this particular blog post, I decided to look for some images that might summarize the topic best – What is the…
November
We’ve seen a lot of interest rate activity this summer primarily in the longer term fixed rates. At one point the 5 year fixed rate was at 2.79% and now sitting at around 2.89% best rate. The golden question we keep getting asked is if it’s going to continue to go up. We wish we…
October
Canadian home prices jumped in May from April as a spring rebound in real estate continued in most cities, offsetting a couple of weak markets, the Teranet-National Bank Composite House Price Index showed today. The index, which measures price changes for repeat sales of single-family homes, showed overall prices rose 1.1% in May – the…
June
June 2013 Market Update It seems a lot of lenders are moving up their 5year fixed rates in light of the Bank of Canada holding prime at 1% this quarter meeting and current bank prime staying at 3% as a result of the hold. That being said, mortgage rates are tied to the bond market…
June
Source: www.mortgagebrokernews.ca Date: May 22, 2013 “Many of the candidates aspiring to be CMP Top 75 brokers have gone back to the basics, with an emphasis on sales and not sidelines.” I am are very proud and humbled to be considered as a candidate for the top 75 Canadian Mortgage Professionals and featured in this…
May
