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My Mortgage Blog — Latest Posts
B Lenders / Alternate Lenders and how they fit into Mortgage Lending
With the rapid rise of interest rates, today's mortgage qualifications have become challenging to say the least. Many of today's borrowers are not able to qualify on what is called the A-Lenders such...
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The importance of choosing the right mortgage features
TThe importance of choosing the right mortgage featuresA common mistake some mortgage shoppers make is focusing entirely on getting the lowest rate.Don’t get me wrong, a low rate is important, of...
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The Bank of Canada says its rate-hike phase is almost over
The Bank of Canada confirmed that additional interest rate increases are necessary, but that we’re now nearing the end of the current rate-hike cycle. Bank of Canada Governor Tiff Macklem made...
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Rising interest rates cancelling out affordability gains
Falling home prices are typically welcomed by prospective homebuyers, since it means an improvement in affordability. For today’s first-time buyers, however, that’s not necessarily the...
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