by REM Editorial Team | Jul 17, 2024 | News
Buying a condominium might be easier than purchasing a single-family home, especially for first-time buyers. Traditionally, two incomes are better for achieving homeownership dreams. However, a new trend is emerging among Canadian homebuyers, as a recent Point2 survey...
by REM Editorial Team | Jun 24, 2024 | News
The Bank of Canada (BoC)’s recent 25 basis point drop that lowered its key overnight lending rate to 4.75 per cent sparks the questions of if and when other rate drops will follow, and what the financial impact will be on the average five-year variable mortgage...
by Susan Doran | Mar 26, 2024 | News
If you’ve wondered how the Bank of Mom and Dad is faring in these dodgy economic times, rest assured it’s more popular than ever. Recognizing that it’s harder to buy a home now than when they were young, in recent years Canadian parents have passed billions of dollars...
by REM Editorial Team | Nov 28, 2023 | News
To help mortgage brokers make the best recommendations for your clients and further protect them, the Mortgage Broker Regulators’ Council of Canada (MBRCC), as part of its 2023-2026 strategic plan, is publishing its Principles for Mortgage Product Suitability...
