FINALLY!!!!! A major TV news program calls out TD Canada Trust’s collateral mortgage. CBC Marketplace aired an episode called ‘Busting the Banks’ on January 25th. Hey, it’s only taken 2 … Continue Reading CBC Marketplace exposes TD’s collateral mortgage
The, soon to be, ex-Bank of Canada Governor, Mark Carney, is leaving us with a present… During yesterday’s Rate Announcement, the first of eight regularly scheduled rate meetings this year, … Continue Reading Interest rates to stay low for longer than expected…
In an email sent to Mortgage Brokers today, ING announced they will close the Mortgage Broker division February 16, 2013. My first reaction was one of sadness. In the … Continue Reading Scotiabank closes ING Direct mortgage broker division… but who cares?
The Federal govt controls hi-ratio mortgage lending…. (mortgages that are greater than 80% loan to value)… There is a $600 billion limit for Canada Mortgage and Housing Corporation (CMHC… a … Continue Reading Genworth Financial $50billion increase is good for Consumers
Unless you’ve been living under a rock for the past 4 years, it’s impossible to not know the Federal govt’s concern about Canada’s Personal Debt level. The media has covered … Continue Reading Personal Debt levels and Mortgage Debt levels