CdnMortgageNews
- "With the labour market so weak and inflation absent, look for bond yields to fall," says Odlum Brown. about 13 hours ago from web
- AIG United Guaranty says 10% of Canadian mortgage apps contain some kind of fraud, resulting in $1.5B in annual losses. about 14 hours ago from web
- Todays employment report was feeble. Scotia sees the BoC remaining "on hold for longer than their current June 2010 conditional commitment."10:03 AM Nov 6th from web
- "There's no way that a bank is going to tell you to consult a mortgage broker before accepting (its) interest rate." - Rob Carrick, Globe8:35 PM Nov 5th from web
- Canada's Competition Bureau has reportedly asked CREA to "voluntarily" permit lower Realtor fees to foster competition. 2:29 PM Nov 4th from web
- The FOMC left rates unchanged today, saying the economy & inflation will stay weak and U.S. rates will remain low for an "extended period."11:42 AM Nov 4th from web
- CMP says subprime lender, VFC Home, is coming into the TD fold. VFC will be renamed TD Financing Services on Nov. 16. 1:19 AM Nov 4th from web
- Market share among non-bank lenders in Australia is down to 5%--from 30% pre-crisis. With less competition, broker compensation is down 40%.9:24 PM Nov 2nd from web
- 5-year fixed spreads recently got as low as 1.09% above the bond--tighter than ever. Rate deals may slow for now as bank year-ends approach.12:00 AM Nov 2nd from web
- Profit rose 33% at First National vs Q3 08 but originations fell 6%. That might improve if FNs rates/products were as amazing as its service11:51 PM Oct 29th from web
- Mark Carney hypothesizes about new regulations to curb house prices, but says he won't raise rates to do so. 8:56 PM Oct 29th from web
- Gloom still hangs above the US housing market: (Our thanks to Merix for the link)9:14 AM Oct 29th from web
- TD's brought pre-approvals back to the broker channel. (Purchases only.)8:25 AM Oct 28th from web
- Defaulting on a mortgage is not a good option. "Try getting another mortgage with an outstanding judgement," says FP. 8:57 PM Oct 25th from web
- Peoples Trust's Secured MasterCard is helpful for rebuilding credit, says CMP: . Here are the fees: 1:30 PM Oct 25th from web
- Daniel Reeve (formerly of the "Millionaire Mortgage") just doesn't give up. Hopefully they shut this guy down for good. 1:16 PM Oct 25th from web
- How to turn around your credit rating. Globe article: 8:52 PM Oct 22nd from web
- BMO: "Rates are only going to move higher from here as the economy recovers." But expect ups and downs along the way. 8:40 PM Oct 22nd from web
- Today's BoC Policy Report remained dovish. Action Economics says it hints at a slow rise in rates in 2010's 2nd half. 12:15 PM Oct 22nd from web
- DUCA's secured PrimeLine (LOC) is now at prime (2.25%). GTA deals only.9:50 AM Oct 22nd from web
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- Name Robert McLister
- Location Canada
- Web http://www.Canadi...
- Bio Real-time observations on the Canadian mortgage market.
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