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Mortgage rates to jump in 2011 says BCREA by | 2010-11-30 4:24:29 PM

The one-year fixed mortgage rate is forecasted to finish 2010 at around 3.2 per cent and reach 4.05 per cent by the end of 2011, according to the British Columbia Real Estate Association (BCREA). The association cites the Bank of Canada’s fiscal tightening and brighter economic prospects as the driving reasons.read more

Calgary home starts for 2010: CMHC by | 2010-11-30 4:19:02 PM

Calgary construction starts for 2010 are forecasted to total 9,100 by the end of December, according to the Canada Mortgage and Housing Corporation.read more

Housing more affordable into 2011: RBC by | 2010-11-30 4:12:08 PM

It’s becoming more affordable to own a home, according to the Royal Bank of Canada, but the high cost of ownership will continue to keep the market steady and contain price increases.read more

Conference hears from international panel of mortgage industry associations by | 2010-11-26 7:30:41 AM

At the annual conference of the Canadian Association of Accredited Mortgage Professionals (CAAMP) in Montreal, Quebec, 1,500 delegates heard from the CEO’s of the leading mortgage industry associations in Australia, Canada and the U.S discuss the current global predicament faced by the mortgage industry following the recent financial crisis.read more

RightMortgage hits $3 billion mark by | 2010-11-26 6:58:38 AM

In just 36 months Mortgage Alliance’s RightMortgage® product, which allows consumers “customize” their mortgages, has topped $3 billion in mortgage origination.read more

Ottawa housing model of stability in 2011 by | 2010-11-21 2:00:38 PM

Ottawa’s housing sector in 2011 is expected to be a model of stability but it won’t achieve the same post-recession buzz that pushed average resale prices up 7.6 per cent this year.read more

Federal budget cuts IMPP, standardizes prepayment disclosure by | 2010-11-17 1:46:46 PM

The latest federal budget included moves that will affect the mortgage industry, including new regulations to standardize mortgage prepayment disclosure and the elimination of the Insured Mortgage Purchase Program.read more

The Real Deal: Gary Mauris by | 2010-11-12 2:26:50 PM

The president of Dominion Lending Centres Inc. has a limitless energy that he injects into every part of his life. Heather Li explores what fuels Gary Mauris’s driveread more