by Diane Slawych | Oct 28, 2024 | Advice for Agents, News
Canada’s leading fintech disruptors are transforming the mortgage landscape and consumers are the main beneficiaries. That was the message delivered by the leaders of three companies — Pine, Neo Financial and Nesto — who took part in a panel discussion called “Hiking...
by The Canadian Real Estate Investor Podcast | Oct 23, 2024 | Columnists, News
This morning, the Bank of Canada (BoC) surprised the market by announcing a 50 basis point (bps) cut in its benchmark interest rate, bringing it down from 4.25 per cent to 3.75 per cent. As homeowners and potential buyers digest this news, the primary question on many...
by Jamie Burke | Aug 12, 2024 | News
25 per cent. That’s the percentage of mortgage applications that Perch, a mortgage brokerage based in Toronto, receives from prospective homeowners who are single. That means about three-quarters of their applicants are coupled up, in some form or another. “People...
by REM Editorial Team | Dec 19, 2023 | News
With interest rates and inflation rising high over the last few years, Canadians have gone through some tough times — to the point that many are holding their real estate plans, whether buying or selling. Although the Bank of Canada announced its final rate hold of...
by Emma Caplan-Fisher | Jul 21, 2023 | Advice for Agents, News
If you’ve never worked with a vendor take-back (VTB) mortgage — much less heard of them — now might be a great time to acquaint yourself. And if it’s been a while, consider brushing up. A finance option popular during the 1980s and 1990s for getting buyers...
