by REM Editorial Team | Oct 26, 2023 | News
Since March of last year, the Bank of Canada has raised interest rates an unprecedented nine times. Not only that, but the rates themselves have swung from historic lows to a 20-year high. Resulting monthly expenses have been just too steep for many mortgage holders....
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...
