Mortgage Information
Mortgage Counsellors
Mortgage Information
Mortgage Articles
The Mortgage Centre provides information about mortgages in Kamloops and all areas of BC.
We keep articles that we think our clients will learn or benefit from. Here is the list of our most current and hopefully relevant topics:
Reference Articles
- Home Buying Step by Step
- CMHC’s Homebuying Step by Step guide is here to make things easier for you by providing the information you need to make a wise homebuying decision. This section provides examples and worksheets that will guide you through the entire homebuying process, from the moment you make the decision to buy your own home to the moment the movers carry the first box through the front door. It couldn’t be easier!
- The Mortgage Centre — About Us
- A short bio of The Mortgage Centre Franchise in Kamloops — in business since 1991
- The Mortgage Centre — Closing Costs
- A breakdown of the estimated costs to purchase or refinance a home in British Columbia
- Mortgage Protection Plan
- When you take on mortgage debt or any other debt for that matter, it’s appropriate to review the protections that you have from death and illness or injury in the family. Mortgage Protection Plan can help.
- The Mortgage Centre — FAQs
- Frequently Asked Questions about services available at The Mortgage Centre in Kamloops
- Home Warranty Insurance
- An up to date listing of Home Warranty Insurance companies in BC
Economic Reports
- Market Update
- CIBC World Markets Weekly Update — updated 08 Mar 2010
- History of Fixed 5 Year Mortgage Rates
- A 25 year history of 5 Year fixed rate Mortgages in Canada from 1985 to 2009. Rates are still near historical lows.
- Fixed vs Variable Rate Comparison
- A Graphical history of Fixed Rate mortgages vs Variable Rate Mortgages for the last 25 years
- Bank of Canada Home Page
- Scads of economic information and history compiled by the Bank of Canada. Here’s our link to their site.
Other Information Links
Some of these links to other sites may be temporary. Please notify us if any of our links are no longer in effect.
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The Mortgage Centre’s Code of Ethics
Canadian Association of Accredited Mortgage Professionals As Members of CAAMP, The Mortgage Centre’s staff adhere to a Code of Ethics. |
Canadian Mortgage News From The Net
 Globe and Mail | Home sales slow in February Globe and Mail The Bank of Canada is also expected to begin bumping interest rates higher in the second half of the year, which would also make mortgages more expensive. ... |
 Globe and Mail | Don't just fall into a debt hole Globe and Mail "All those people who got into homes and are barely making ends meet with a mortgage rate that is a gift will be severely squeezed when they need to renew ... |
Canada's Household Net Worth Rises 1.6% as Stocks, Homes Gain BusinessWeek ... percent in the quarter from 145 percent in the previous three months, due to increased debts such as mortgages and car loans, Statistics Canada said. ... |
The Flaherty effect National Post ... keep Canada's housing industry motoring along — only not at top speed. Many of us have been enjoying supremely attractive interest rates on mortgages. ... Finance Minister Flaherty calls modest jobs growth in Canada ?encouraging? |
 Financial Post | More Canadians plan to buy homes: poll Montreal Gazette ... reached $337410 in December 2009 - up 19 per cent from a year earlier - and sales were up 72 per cent, according to Canada Mortgage and Housing Corp. ... Young aged 18 to 24 twice as likely to buy homes Banks May Sell More Covered Bonds on Rule Change: Canada Credit Canadians eye interest rates, property |
Canada tightens mortgage lending rules The Associated Press There has been no crippling mortgage meltdown or banking crisis in Canada, where there is greater oversight of mortgages, but Canada's central bank has ... GETTING PERSONAL CANADA: Putting A Mortgage To The Test Tougher Mortgage Rules in Canada Reaction to mortgage rules: Keep calm, carry on |
 CBC.ca | New Rules For Borrowers Calgary Herald Federal Finance Minister Jim Flaherty recently announced restrictions for any borrower who wants a mortgage backed by the Canada Mortgage and Housing Corp. ... New mortgage rules pile onto HST Canadians managingmortgage debt well Budgets in a dangerous time |
 Globe and Mail | Canada's profitable banks set sights on growth Globe and Mail A number of bankers now expect that higher interest rates and new mortgage approval rules will put a damper on the demand for mortgages in the second half ... Mortgage lending growth drives Canadian banks' earnings Mortgages fuel Scotiabank earnings Scotiabank profit blows past estimates |
Commercial Mortgage Debt Rallies as TALF Ending: Credit Markets BusinessWeek Two corporate-debt issuers, one in Canada and the other in Argentina, defaulted last week, raising the global total to 19 for the year, according to S&P. ... |
Pricey real estate points to faster rise in Canadian rates National Post (blog) Canadian banks appear to be taking refuge in the notion that low interest rates will allow Canadians to carry bigger and bigger mortgages. ... Bank of Canada makes its mark |