Mortgage rates’ dream ride ‘almost over’

Financial Post- For Canadians now accustomed to rock-bottom mortgage rates, a harsh reality looms.

Rates are officially on the upswing, an indication that the country’s housing market is finally poised to cool off and the beginning of the end to historically low rates.

It’s a move being closely monitored by those with variable-rate mortgages trying to cling to minimal monthly payments for as long as possible.

Is now the time to lock in to a fixed rate?

"That’s the million-dollar question," mortgage broker Paula Roberts said Monday. "We’ve had a great ride for the longest time. And we know the ride’s almost over…"

Mortgage rates’ dream ride ‘almost over’

Mortgage brokers do the legwork for you

Times Colonist- In the past, it was thought that only those who had poor credit ratings sought the help of a mortgage broker to obtain a home loan.

Today’s educated borrower realizes that using the services of a mortgage broker will not only save them time and aggravation, but in most cases save them a substantial amount of money throughout the term of their mortgage…

Mortgage brokers do the legwork for you

Mortgage fraud burns the naive

 Calgary Herald – AB – Jason is a “straw buyer,” the unwitting victim of an all-too-common mortgage fraud scheme in Alberta, said Gary Siegle, the Calgary-based regional manager for Invis, Canada’s largest mortgage broker…

Mortgage fraud burns the naive