Seasons Greetings! Happy New Year! Quick thank you for making 2014 a great year! Hope yours was just as special. And I’m wishing you much success and happiness in 2015. 589 more words
Tags » Canadian Mortgage Rates
It’s easy to get caught up in the idea that comparing mortgage rates will guarantee you get the best bang for your mortgage buck. While this may be true for particular situations, there are many scenarios where this strategy is not effective. 491 more words
The Federal govt of Canada and the Bank of Canada are supposed to operate independently. The Minister of Finance gives the Bank of Canada its objectives or its mandate. 471 more words
Canadian big banks, the 2012 Federal Budget, and changing mortgage rules...What does this mean for Alta Pacific and its investors?
It means opportunity.
In these opening months of 2012, there has been a lot of talk regarding changes expected in the mortgage industry. The government of Canada has been expressing concerns about household debt levels and the ease for borrowers to attain credit, while the Canadian Mortgage Housing Corporation (CMHC) is nearing their $600 billion insurance limit. 435 more words
We can interpret a sentence to mean several different things… Take for example the following comments made by the head of the Office of Superintendent of Financial Institutions (OSFI), Julie Dickson: 493 more words