by REM Editorial Team | Aug 17, 2023 | News
In a landscape marked by recent interest rate hikes, Canadian homeowners are grappling with unforeseen and substantial increases in their monthly mortgage payments, leading to a widespread sense of mortgage malaise, according to a recent survey conducted by The Real...
by James R.G. Cook | Aug 10, 2023 | Legal Issues
The Ontario Land Titles Act (LTA) provides that a registered mortgage that is determined to be a fraudulent instrument is void and may be deleted from title. This provision is commonly used in circumstances where an imposter has posed as a mortgagor in order to secure...
by REM Editorial Team | Jun 26, 2023 | Legal Issues
First-time homebuyers in Canada are increasingly concerned about their ability to afford the homes they desire due to financial constraints, according to a recent survey conducted by Environics Research on behalf of Sagen in collaboration with Royal LePage. The...
by Cindy Freiman | Nov 9, 2022 | News
There is an immediate concern about payment shock for Canadians in variable-rate mortgages and future unease for fixed-rate borrowers at mortgage renewal due to high inflation resulting in increased interest rates. The Bank of Canada (BoC) raised its overnight rate...
by REM Editorial Team | Oct 18, 2022 | Technology
Alex Leduc, founder and CEO of Perch, a Toronto-based mortgage fintech platform Perch, a Toronto-based mortgage fintech, has raised $4 million in Series A funding. Investors include Second Century Ventures, the strategic venture arm of the National Association of...