BMO and TD reduce mortgage rates
The Bank of Montreal reduced its posted five-year fixed mortgage rate by 0.10 per cent to 3.89 per cent.
Two-thirds of repeat homebuyers buy again and again
More than two-thirds of repeat homebuyers believe their next house purchase won’t be their last, according to a new survey by TD Canada Trust.
Buyers' market emerging in Calgary
One in five Alberta repeat homebuyers are looking for houses they don’t plan to live in, according to a report released today.
$12-million mortgage fraud uncovered in Calgary
A $12-million mortgage fraud was discovered by police in Calgary that involved 22 homes and eight banks.
Alberta man jailed for multi-million mortgage scam
An Alberta man was sentenced to three years in prison for a $3.9-million rural mortgage scam that included 32 separate fraud charges over two years.
Banks start interest rate shake-up
Four banks have increased their posted rates on fixed mortgages, signaling the start of an upward move on record-low interest rates.
VFC Home renamed as part of TD rebranding effort
Alternative mortgage lender VFC Home Inc. will join with TD Canada Trust's indirect lending business and operate under a new name, TD Financing Services, starting November 16.
Where have all the B lenders gone?
With Wells Fargo the latest non-prime lender to fall off the mortgage map, Erin Letson talks to remaining alternative lenders to see what they're offering the alt-A set of clients and how they're mitigating risk
Brokers on Lenders 2009
With talk that the worst economic slowdown is over, it's interesting to point out that this year's CMP Brokers on Lenders survey was conducted just before things really picked up. The results may surprise you
Brokers on lenders survey: full results
Every year CMP conducts a brokers on lenders survey and this year's results appeared in issue 4.7 (July), out this week. But there wasn't room for all of the results for all of the lenders so we were only able to list the top ten for each category. The following is a complete alphabetical list