From the category archives:

Mortgages

Canadians Struggle to Afford Their Homes

May 1, 2011

The Conference Board of Canada has recently found that the lack of affordable housing has left one-fifth of Canadians struggling to pay for their homes. They fear this number could increase as the mortgage rates rise from their recent lows. This means that currently, 20% of Canadians are affording their homes by cutting other costs [...]

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Mortgage Loan Canada

March 26, 2011

People from all over the world immigrate to Canada in order to purchase their dream home. Canada Mortgage Lenders assists in providing the mortgage to people at reasonable interest rate in order to purchase their dream home in desired location. The people are provided with the mortgage according to the financial capability.Canada is considered to [...]

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Mortgage Rates – Canada

March 23, 2011

Mortgage rates Canada have become quite complex over the recent years. The market in Canada is currently governed by different mortgage products, features and even technologies. The role of banks in Canada is quite significant in the market. According to the estimates at the end 2004, the banks in Canada had $368 billion in outstanding [...]

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How to Apply for a Mortgage in Canada?

March 12, 2011

The Canadian mortgage application process originates in simple common sense, but do the math before you go shopping. Consider: if you offered a substantial loan to a friend or colleague, you would need reassurance he could repay the debt; and you would expect proof you could trust your friend to honor his obligation. A mortgage [...]

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The Top 3 Canadian Mortgage Mistakes and How to Avoid Them

February 23, 2011

You can put thousands of extra dollars in your pocket if you know how to get great mortgage rates. It isn’t surprising when you learn that the average person can spend as much as between $500,000 to $1,000,000 in their lifetime on mortgage payments alone. In it’s quite typical, to pay for your loan 4 [...]

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How Reverse Mortgages Can Help Canadian Seniors

January 8, 2011

Many of you have probably heard of a reverse mortgage and may be wondering what, exactly, it is. Put simply, this type of mortgage is a loan that’s secured based on the equity you have in your home. However, unlike a typical mortgage or loan, you are not required to make any payments for as [...]

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A Few Important Things About Reverse Mortgage Requirements in Canada

January 1, 2011

When you’re looking into Reverse Mortgage Requirements in Canada it can be confusing and strange and there are so many of them that it’s often hard to keep them straight and still be able to understand what it is that you need to bring with you to a lender’s office to be able to figure [...]

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Applying For A Mortgage Loan In Canada

December 29, 2010

Lenders look at six key factors when evaluating an application – your identity, your income, debts, employment history, credit history, and the value of the property. Your Identity – In order to protect against mortgage fraud, the lender or their lawyer will require picture identification to ensure you are the individual you represent yourself to [...]

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Calgary Best Mortgage Loans – Mortgage Architects Offer Free Help

November 30, 2010

Mortgage Architects is a nationwide network of highly trained mortgage professionals who provide services that go beyond the traditional.  While traditional Mortgage Brokers and other mortgage professionals offer assistance in securing a home mortgage loan, the members of the Mortgage Architect network are actually Mortgage Planners.  Their approach says that for a resident of Calgary [...]

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Forecast For Canada’s Housing Market – Less Sales In 2010

June 29, 2010

by: Judy Shilmar Earlier this year the housing markets in: • Ontario • British Columbia showed a significant change. Prices dropped dramatically and new housing starts started to slow. This was one factor that caused the Canadian Real Estate Association to predict that home sales across Canada, will see sharp decreases in prices. Over the [...]

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