Etiket: Mortgage
Mortgage | Waiting for interest rates to drop
Interest rates have risen rapidly in 2022 and industry expectations are that they will start falling again soon. But in the meantime, people have to renew their mortgage. This is…
Mortgage | Five commandments for a first negotiation
That’s it, you’re ready to set foot in the real estate market. Before spending many hours on Centris and other sales sites, it is better to think about your mortgage.…
Mortgage | Beyond the interest rate
With the recent rise in interest rates, it is normal for future buyers to consider this element before taking out a mortgage loan. However, a variety of factors must be…
Mortgage market | Non-traditional lenders are gaining ground
The tightening of financing conditions had the effect of favoring non-traditional lenders, which last year experienced higher growth in their mortgage volume than traditional mortgage lenders, confirms a new study.…
[Chronique de Sandy Lachapelle] Should I pay off my mortgage or contribute to my RRSP?
According to my professional entourage, more and more people are wondering whether it is better to pay off their mortgage or contribute to their RRSP. To a fellow financial planner…
Pressure mounts on residential mortgage holders
The eighth increase in the Bank of Canada’s key rate in less than a year will hurt holders of variable-rate residential mortgages, as well as those about to renew their…
Mortgage Regulation | OSFI launches public consultation
Canada’s banking regulator announced on Thursday the launch of a public consultation on existing and newly proposed rules for mortgages, saying the risks associated with such loans had increased significantly…
Mortgage Defaults | No increase, assures the boss of the National Bank
(Montreal) Despite the rise in interest rates, mortgage defaults remained at a lower level than they were before the pandemic for National Bank customers, said its president and chief executive…
No rise in mortgage defaults, says National Bank
Despite the rise in interest rates, mortgage defaults remained at a lower level than they were before the pandemic for National Bank customers, said its president and chief executive officer,…
Demystifying the economy | What is the impact of the “debt ratio” on a mortgage application?
Every Saturday, one of our journalists answers, in the company of experts, one of your questions on the economy, finances, markets, etc. Posted at 6:00 a.m. Could you explain what…
Money and Happiness | Is it better to invest or pay off your mortgage?
In the newsletter money and happinesssent by email on Tuesday, our journalist Nicolas Bérubé offers reflections on enrichment, the psychology of investors, financial decision-making. Posted at 9:00 a.m. I like…
No more mortgage brokerage for Vincent Lacroix’s ex-right-hand man
Éric Asselin, ex-right-hand man of Vincent Lacroix at the time of the Norbourg scandal and who would present himself today under a false name, can no longer practice as a…
Testimonial | My child’s cancer like a second mortgage
Cancer comes into your life uninvited. One day and everything changes. One morning, you wake up and you go to kiss your child in his bed. In the evening, you…
At $650 a month, I have to mortgage a kidney to pay for an unsubsidized daycare spot
TICKET – $50: that’s what my couple has to pay a day to secure a place for my two-year-old in daycare. It’s expensive, you say? This is because it is…
Lower-than-expected mortgage interest rates
Rising interest rates will catch up with “a large proportion” of those who have taken out variable-rate mortgages, warns the Bank of Canada. Including those who thought they were safe…
Choosing a mortgage, a real headache!
This text is part of the special Real Estate section Many prospective buyers and existing homeowners are now wondering about the best mortgage to choose, experts note, as the Central…
Mortgage concerns in 10 questions | The Press
On the eve of Halloween, the specter of the mortgage may come to haunt you. Especially if your contract is variable rate, if it’s time to renew it or sign…
United States | Mortgage rates top 7%, highest since April 2002
(Washington) Interest rates on mortgages in the United States, which have been climbing since the beginning of the year due to measures taken to combat high inflation, have exceeded 7%,…
Mortgage Fraud Report | An ever-increasing trend
The increase in interest rates inspires some people, more or less malicious, to falsify their documents when applying for a mortgage loan. Bad idea, because this phenomenon, on the rise,…
changes of mortgage credit insurers are facilitated
Published on 03/10/2022 22:35 France 3 Article written by It is possible, Monday, October 3, to change mortgage insurance. Since the introduction of this measure, many have taken the plunge.…