New calculator illustrates the impact of interest costs on mortgages
Contest rewarded new mortgage customers
With 50% annual growth, subprime mortgage market is the fastest-growing segment of the market
First time homebuyers gain greater purchasing flexibility
The company is planning to offer mortgages across the country by the end of the year
ING Direct announced today that it has slashed its five-year fixed posted mortgage rate so that it is now 1.45% lower than the average posted rate of the big banks.ING Direct’s new five-year fixed mortgage rate is 5.35%.According to ING Direct, a rate 1.45% lower than those charged by Canadian banks means that a client […]
Rates to drop by 0.1% to 0.25%
Berkshire Securities Inc. and Berkshire Investment Group Inc. together with Invis, Canada’s largest mortgage brokerage, today announced the availability of a new suite of mortgage products for Berkshire clients and a mortgage referral program for Berkshire Advisors effective immediately.Through this joint partnership with Invis, Berkshire advisors can now offer their clients same day mortgage expertise, […]
Posted rate now 6.95%
Wells Fargo Financial Corp. Canada announced today it is introducing a 40-year mortgage that will be available nationwide through its 165-store network across Canada and through registered mortgage brokers and their agents.Wells Fargo Financial says it is the first lender to offer nationwide to Canadian consumers a mortgage with a 40-year amortization period as it […]