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by Jeremy
The CMHC recently released their 2017 Mortgage Consumer Survey results, which outline key trends about home buying and home buyers in Canada. In March 2017, CMHC completed an online survey of 3,002 recent mortgage consumers, all prime household decision-makers who had undertaken a mortgage transaction in the past 12 months. Sixty-five percent had undergone a mortgage renewal, 15% had refinanced their mortgage, and 20% had purchased a home with mortgage financing (11% First-Time Buyers and 9% Repeat Buyers). CMHC has conducted this survey since 1999. It is the largest and most comprehensive survey of its kind in Canada. [CMHC] Most notably from the survey, is…
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Posted by Jeremy
You will come across many contracts in your life, whether it be for credit cards, gym memberships, car…
Posted by Jeremy
You may have noticed in the media lately, that social media, Internet and app-focused scams are on the…
Posted by Jeremy
According to a new report from Genworth Canada, more unmarried couples are choosing to buy a home together,…
Posted by Jeremy
Both CMHC and Genworth announced identical mortgage insurance premium hikes yesterday, which is causing a bit of panic,…
Posted by Jeremy
Navigating the real estate market for the first time can be tricky, but if you’re also new to…
Posted by Jeremy
Winter is often thought of as the “off-season” for real estate, but these colder temperatures do present an…
Posted by Jeremy
Around this time of year, people are looking to save money wherever they can, including their mortgages. Some…
Posted by Jeremy
The mortgage industry has been abuzz this past month with major changes taking place and other notable news.…
Posted by Jeremy
Millions of Canadians have mortgages (approximately 5.7-million), so you could be one of the many who will be…
Posted by Jeremy
For some people, getting out of a mortgage early is a realistic option, especially if they are doing…
Posted by Jeremy
CMHC released its annual Mortgage Consumer Survey today, which unveils the home buying and mortgage behaviours of Canadians.…
Posted by Jeremy
Good Debt vs. Bad Debt – What’s the Difference? More and more Canadian consumers are getting swallowed up…
