HOW TO GET THE MOST OUT OF YOUR MONEY Trying to decide what’s the best move can be difficult…. and I must admit, this is not an easy subject to … Continue Reading RRSP, RESP, TSFA or Mortgage prepayment? Which has the best returns?
CMHC forecasts a healthy housing market for 2012-13…. but fixed mortgage rates have started to climb.
CMHC issued a report that says the economy will expand at a moderate pace over the next few years, as reported in The Spectator. The Bank of Canada should also … Continue Reading CMHC forecasts a healthy housing market for 2012-13…. but fixed mortgage rates have started to climb.
$600billion….Recently, we heard that there was another crisis looming in the mortgage industry. Last week, we saw CIBC make headlines when their wholesale lending division, Firstline Mortgages, made drastic changes … Continue Reading $600billion, $250billion, 2.99%, $1.5trillion… numbers to watch in 2012
THE SKY IS FALLING AT CIBC? On Tuesday, CIBC’s wholesale lending arm, Firstline Mortgages, announced drastic changes to their lending policies. They will no longer participate in self-employment and new-immigrant … Continue Reading Major lender cuts out self-employed and new immigrant lending programs