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True North Mortgage expands its Rate Relief product to offer the lowest 1-year fixed rate in Canada

True North Mortgage expands its Rate Relief product to offer the lowest 1-year fixed rate in Canada
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True North Mortgage opens new store in Market Mall Calgary

True North Mortgage reports fixed-rate increases from

After months of being low, the 5-year fixed mortgage rate suddenly went up today, according to True North Mortgage.

Amid hot housing market, stretched borrowers may be stretching the truth to get loans

Article content The recent surge in home prices has a federal regulator reminding lenders to stay sharp, but it is also prompting concern that borrowers may be stretching themselves financially and, in some cases, stretching the truth when they apply for a mortgage. One Canadian mortgage brokerage told the Financial Post it has recently uncovered a rash of suspicious employment letters submitted by individuals trying to obtain loans in the Greater Toronto Area. We apologize, but this video has failed to load. Try refreshing your browser, or Amid hot housing market, stretched borrowers may be stretching the truth to get loans Back to video

Rising mortgage rates yet to put a dent in exuberant housing market as policymakers take note

Article content Mortgage rates are climbing across Canada, but even increased borrowing costs may not be enough to tame a raging market for residential real estate that is starting to catch the attention of policymakers. Recent housing market activity has been “much stronger than expected,” the Bank of Canada said last week. Mortgage rates, meanwhile, remain relatively low, even as they’ve been ticking up lately. We apologize, but this video has failed to load. Try refreshing your browser. Rising mortgage rates yet to put a dent in exuberant housing market as policymakers take note Back to video “The moderate rise in interest rates we’ve seen, and the historically low rates that we have, isn’t deterring clients in any large fashion,” said Dan Eisner, chief executive of Calgary-based mortgage brokerage True North Mortgage Inc.

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