by REM Editorial Team | Apr 30, 2021 | Products
More than half of Canadians do not shop around for their mortgages and over the course of their amortization, they may end up paying thousands of dollars more than is necessary, says Toronto-based Homewise. Results from an early April 2021 cross-Canada poll by...
by REM Editorial Team | Dec 21, 2020 | News
With mortgage deferral periods ending, current indications are “quite encouraging” that most homeowners will be able to make their payments, says a recent report by Mortgage Professionals Canada. “Earlier fears (and some dire economic forecasts) now appear to be much...
by REM Editorial Team | Oct 28, 2020 | News
A recent survey by BMO says 57 per cent of homeowners are planning to opt for a fixed-rate mortgage. Of those who are still trying to decide what type of mortgage to arrange, more than 30 per cent say COVID-19 has made them more likely to gravitate towards a...
by Don Procter | Feb 12, 2020 | Featured, News
Will the federal government’s current review of the mortgage stress test (Guideline B-20) result in adjustments to the rules, allowing more consumers into the home buying market – particularly in cities and provinces where housing affordability is not a crisis?...
by REM Editorial Team | Jan 14, 2020 | News
A recent survey for Zillow conducted by Ipsos says 92 per cent of Canadians see at least one barrier to home ownership, and two of the top concerns are related to the mortgage process. Canadians report feeling pressured by stricter mortgage regulations that went into...