2 Jan 2014

0 Comments

by

2013: Mortgage Year in Review

With rate changes, economic factors south of the border and natural disasters boosting home sales in Calgary, 2013 was a big year for mortgage headlines and news. Let’s take a look back at some of the biggest news and statistics from last year. Statistics from 2013 2/3 of first-time homebuyers are under the age of 35 (CMHC) 65% of first-time homebuyers make $90,000 or less per year (CMHC) 76% of Canadians are confident with the size of their mortgage (CAAMP) 71% of Canadians think real estate will remain stable or grow over next 5 years (CAAMP) 40% of new mortgages this year came through a…

Read More
18 Dec 2013

Posted by

Avoid Holiday Debt Hangovers

A lot of Canadians plan to pay for Christmas presents this year with credit, but unless you have…

Read More
11 Dec 2013

Posted by

What to do if you’re behind on...

Your home is one of the biggest financial investments you’ll make, but sometimes financial difficulty can come your…

Read More
4 Dec 2013

Posted by

Who are the first-time homebuyers?

The Canada Mortgage and Housing Corporation (CMHC) recently released figures that give us an idea of what the…

Read More
27 Nov 2013

Posted by

CAAMP Mortgage Forum Tweets

The largest mortgage industry conference in Canada just wrapped up—CAAMP Mortgage Forum in Toronto. A lot of us…

Read More
20 Nov 2013

Posted by

State of the Residential Mortgage Market

Earlier this week, CAAMP (Canadian Association of Accredited Mortgage Professionals) released thier annual State of the Residential Mortgage…

Read More
13 Nov 2013

Posted by

Get Literate About Home Insurance

Since November is Financial Literacy Month in Canada, it’s a great opportunity to understand a bit more about…

Read More
6 Nov 2013

Posted by

Financial Literacy Month: Understanding...

November is Financial Literacy Month in Canada, so all month long my blog will be featuring tips and…

Read More
30 Oct 2013

Posted by

How to Prep for Mortgage Applications

Whether you’re a first-time buyer or empty-nester, being properly prepared for your mortgage application will ensure the process…

Read More
24 Oct 2013

Posted by

BOC Abandons Its Interest Rate Hike Bias

As you know, your variable rate mortgage, line of credit and/or student loans are all based on the…

Read More
23 Oct 2013

Posted by

Think Fast: Calgary’s Fall...

Calgary’s home sales and prices are already outpacing the forecast for this season, which is leaving homebuyers with…

Read More
16 Oct 2013

Posted by

Life After Foreclosure

Life isn’t over after a foreclosure, in fact buying a home after you’ve suffered financial turmoil isn’t impossible…

Read More
9 Oct 2013

Posted by

Paying Off Your Mortgage Early

You’ve probably heard the stories before, a couple manages to pay off their mortgage years early. But is…

Read More
© 2026 Canada Mortgage Direct. All Rights Reserved.
Powered by TechWyse
TechWyse-logo