Does the BoC announcement spell …

The latest Bank of Canad…

A Pre-Approval Does Not Guarante…

Many Canadians are under…

Is cryptocurrency the future of …

For Shawn Allen (pic…

Bank of Canada on the commercial…

Despite some lingeri…

Homebuyers to Face More Stringen…

Canada’s banking regulat…

aDiamondMortgage – The Differenc…

One lucky aDiamondMortga…

The State of the Residential Mor…

Despite the headwinds of…

Canadian Real Estate: Home Compl…

The Canadian real estate…

Canada home prices rising at fas…

Newly built Canadian hom…

How British Columbia's housing d…

Soaring sales activity i…

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Tag Archives: Mortgage

A Pre-Approval Does Not Guarantee a Mortgage Approval

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Many Canadians are under the assumption their mortgage is as good as done once they have a mortgage pre-approval. But the truth is a buyer cannot expect a mortgage pre-approval will automatically translate into a mortgage. The lender now needs to consider the property itself, approve all the terms and review the documentation before you [&hellip…

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Is cryptocurrency the future of the mortgage industry?

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For Shawn Allen (pictured), cryptocurrency and blockchain technology represents the future of the mortgage industry – and he’s determined that Matrix Mortgage will be at the forefront of it. The company’s founder and principal owner told Mortgage Broker News that blockchain and decentralized finance were set to “take the whole industry by storm” as Matrix [&hellip…

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Homebuyers to Face More Stringent Mortgage Stress Test After June 1

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Canada’s banking regulator has proposed changes that would strengthen the stress test applied to uninsured mortgages. The Office of the Superintendent of Financial Institutions (OSFI) unveiled its proposed changes on Thursday, which would require borrowers applying for uninsured mortgages—typically those with more than a 20% down payment—to qualify at their mortgage contract rate plus two [&hellip…

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