30Aug
Filed Under:
Mortgage Industry Reports by: Robert McLister
Over the last four years the average Canadian mortgage has increased in size by 36%, according to data from Ipsos Reid’s Canadian Financial Monitor. There’s also been a slight shift...
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23Jul
Filed Under:
Mortgage Industry Reports by: Robert McLister
Genworth Financial Canada released a new mortgage-related survey on Tuesday. Among other things, the study found that: 23% of mortgage holders have made a lump-sum pre-payment or accelerated their mortgage...
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06Jul
Filed Under:
Mortgage Industry Reports by: Robert McLister
91% of home buyers are getting pre-approved, according to TD Canada Trust’s 2010 Home Buyers Report. That’s a big improvement from the 62% pre-approval rate reported in a similar 2007...
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18Jun
Filed Under:
Mortgage Industry Reports by: Robert McLister
If you have any interest in the nitty gritty of Canada’s mortgage industry, TD Securities’s Eric Lascelles has put out this fantastic market overview: Canadian Mortgage Market Primer Here are...
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11Jun
Filed Under:
Mortgage Industry Reports by: Robert McLister
Here’s some fresh data from CMHC’s newly-released Renovation and Home Purchase Report: 6% of Canadian households bought a home in 2009 43% were first-time buyers (up from 36% in 2008)...
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Investors like to avoid putting all their eggs in one basket. But this philosophy has been slow to catch on in the mortgage market. 94% of people still choose either...
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Investors like to avoid putting all their eggs in one basket. But this philosophy has been slow to catch on in the mortgage market. 94% of people still choose either...
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12May
Filed Under:
Mortgage Industry Reports by: Robert McLister
Canadians' debt-to-income ratio now exceeds that of the top 20 OECD countries. That’s according to this new Certified General Accountants (CGA) study. CGA’s report states that… 20% of Canadians feel...
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11May
Filed Under:
Mortgage Industry Reports by: Robert McLister
Canada’s national mortgage industry association, CAAMP, has released its 6th bi-annual survey of the Canadian mortgage market. As usual, it contains oodles of interesting mortgage factoids. Here’s a summary of...
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27Apr
Filed Under:
Mortgage Industry Reports by: Robert McLister
The Internet is a vital tool for mortgage shoppers, but many in our industry don’t realize what a powerful force it’s become. According to CMHC, almost 9 out of 10...
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