Steve Huebl

Housing demand may be reaching a bottom

Housing demand may be reaching a bottom

After plummeting more than 40% since February, home sales are showing signs they may be reaching a bottom.  After plummeting more than 40% since February, home sales are showing signs they may be reaching a bottom.  Mortgage Rates & Mortgage Broker News in Canada 

Home Capital sees a drop in volumes, but no issues yet with renewals at higher rates

Home Capital sees a drop in volumes, but no issues yet with renewals at higher rates

Home Capital says it is “preparing for the worst” when it comes to delinquencies, but so far hasn’t seen any issues with borrowers making their payments.  Home Capital says it is “preparing for the worst” when it comes to delinquencies, but so far hasn’t seen any issues with borrowers making their payments.  Mortgage Rates & Mortgage …

Home Capital sees a drop in volumes, but no issues yet with renewals at higher rates Read More »

No signs of distress among borrowers yet, First National says

No signs of distress among borrowers yet, First National says

Canada’s largest non-bank lender says it is keeping a close eye on its mortgage borrowers, but hasn’t seen any “measurable issues” related to higher payments so far.  Canada’s largest non-bank lender says it is keeping a close eye on its mortgage borrowers, but hasn’t seen any “measurable issues” related to higher payments so far.  Mortgage Rates …

No signs of distress among borrowers yet, First National says Read More »

How to be an effective mortgage broker

How to be an effective mortgage broker

How can mortgage brokers excel at their job in today’s competitive marketplace? Some of the country’s top experts provide some insight and know-how.  How can mortgage brokers excel at their job in today’s competitive marketplace? Some of the country’s top experts provide some insight and know-how.  Mortgage Rates & Mortgage Broker News in Canada 

Over half of mortgage borrowers concerned about renewals

Over half of mortgage borrowers concerned about renewals

A new survey has found that 53% of Canadian mortgage borrowers are concerned about the prospect of higher monthly payments at renewal time.  A new survey has found that 53% of Canadian mortgage borrowers are concerned about the prospect of higher monthly payments at renewal time.  Mortgage Rates & Mortgage Broker News in Canada