07 Feb

Latest Mortgage News

Renewing Your Mortgage This Year?
Our mortgage is up for renewal later this year. That’s a shame because I’m enjoying the ultra-low 1.90 percent interest rate on our five-year variable mortgage (prime minus 0.80 percent). It’s a near certainty that I’ll have to renew at a higher …

Re/Max Holdings launching new mortgage business, Motto Mortgage
Re/Max is getting into the mortgage origination game. Already a dominant player in real estate brokerage franchising, Denver-based Re/Max Holdings Inc. on Tuesday unveiled a new mortgage brokerage franchise, Motto Mortgage, intended to help small- to …
Denver Post

A mortgage is a terrible investment
Last week, my colleague Ryan Cooper made the argument that it is time to kill the dream of subsidized universal homeownership, by ending the subsidies that are being funneled toward it. He argued, “The problem is that a house is a crap investment.
The Week Magazine

How will new mortgage rules affect you?
Apparently big brother is actually watching the Canadian housing market. The federal Finance Minister Bill Morneau finally announced new measures this week aimed at cooling the Canadian housing market – measures that should curb the ridiculously high …
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