by bsmith | Jun 24, 2012 | Mortgages
Changes to Canada Mortgage & Housing Corporation ( CMHC) Federal Finance Minister Jim Flaherty recently announced that the role of CMHC is under review and is now under the authority of the country’s banking regulator, the Office of the Superintendent of Financial...
by bsmith | Oct 16, 2011 | Casb Management Group Inc., Mortgages, Rant
The Financial Services Commission of Ontario (FSCO) has set March 12, 2012 as the deadline for completing new licensing requirements for mortgage brokers within the province of Ontario, with the stated purpose is to improve the level of professionalism in the mortgage...
by bsmith | Jun 17, 2011 | Casb Management Group Inc., Mortgages, Real Estate
In real estate there is an old adage “When is the best time to purchase real estate?” The answer” It is always the best time to buy real estate” Our question to you is this “When is the best time to refinance my mortgage?” The answer “As soon as you finish reading...
by bsmith | May 30, 2011 | Business Financing, Investments, Mortgages
There has been talk that tomorrow may represent the first day the Bank of Canada chooses to raise the lending rate which as a direct impact on variable interest rates. The election is over so no political fallout will result from this decision. We know the government...
by bsmith | Mar 20, 2011 | Investments, Mortgages
Good Debt vs. Bad Debt – What’s the Difference? If you’ve ever struggled to keep up with all those monthly payments including the credit card and car payments, you’ll want to tune in to this important article… More and more people are getting...
by bsmith | Feb 13, 2011 | Mortgages
With interest rates at historic lows many home owners are seeking to refinance their current mortgage prior to the scheduled maturity date. It is an excellent idea to review this option as the potential savings is generally in the thousands, if not tens of thousands...
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