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Latest mortgage articles
Exploding Home Prices Making Mortgages Harder to Qualify For
Existing homeowners may be rejoicing at the fact average home prices are headed for the stars. Would-be purchasers, on the other hand, are curling up in the fetal position as their homeownership dreams turn nightmarish.
The Cost of Lying on Your Mortgage Application
When it comes to mortgage applications, there’s no such thing as a little white lie. Even for applicants who think they may only be fudging a trivial part of the application, such indiscretions are still be considered fraud, and it can cost them.
$1 Billion of Mortgage Payments Deferred Monthly Since Pandemic Start
$1 billion per month. That’s the amount of mortgage payments that Canadians have been postponing since the height of the pandemic.