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:
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No increase in mortgage costs seen for Sept. Toronto Sun The ongoing rally in the fixed-income market has meant they are able to continue to offer lower rates, even though the Bank of Canada has raised its prime ... The economic recovery is too fragile to sustain an interest-rate hike |
![]() CBC.ca | Housing will be banks' next sore spot Vancouver Sun The good news for the banks is that their riskiest mortgages are insured by the Canada Mortgage and Housing Corp. so even if there is a rise in default ... Canada reports square off over housing bubble risk |
![]() CTV.ca | Threat of housing bubble has resurfaced CTV.ca It says Canada's mortgage policies have already prevented a housing bust and will continue to reduce the risk in the future. ... Housing bust ahead? One study says yes, one says no Housing bust unlikely, says think-tank Two Canadian think tanks offer radically different views on Canadian housing ... |
Opinion: Housing Crisis? Look to Canada for Answers AOL News Canada doesn't have an income tax deduction for mortgage interest. Nor is there a tax advantage to converting home equity into debt. In Canada, mortgages ... |
BMO cuts fixed-rate mortgages Toronto Sun Canada's housing market has cooled sharply after last year's boom, which helped pull the overall economy out of recession. Housing sales dropped 6.8% in ... BMO cuts mortgage rate to spur home buying Canada. BMO cuts 5-year rate to spur homebuying |
![]() CBC.ca | US jobs data helps lift markets Toronto Star The financials sector was up 0.84 per cent with investors satisfied that Canada's five biggest banks earned a combined $4.8 billion in third-quarter profit ... Afternoon Business Brief |
![]() CBC.ca | TD Bank falls shy of estimates Montreal Gazette Tier 1 capital is a bank's core capital relative to its risk-related assets, such as outstanding loans and mortgages. TD is the last of the big banks to ... Tougher economy has TD watching costs LAURENTIAN BANK REPORTS NET INCOME OF $30.1 MILLION FOR THE THIRD QUARTER OF 2010 Canada's five biggest banks earned $4.8B in Q3 |
Lawyer accused of misconduct The Kingston Whig-Standard The gist of the case, he agreed, is the allegation that home buyers acquired mortgages under circumstances in which they should not have been eligible. ... |
![]() Globe and Mail | Stricter lending standards preventing US-style real estate market collapse: CD ... Business in Vancouver The report noted mortgage delinquencies in Canada have not risen to nearly the same levels in the US, in part because the sub-prime mortgage market, ... The end of Canadian real estate insanity |
![]() Washington Post | Rebuild the path to the American homeownership Washington Post In Canada, mortgage interest is not tax-deductible. So there's no tax advantage to dragging out one's payments for years. In fact, paying extra to reduce ... |