Mortgage

Mortgage Rates Get Much Needed Relief Thanks to a Taco?

Well, it looks like mortgage rates will continue to avoid the dreaded 7-handle.This time, thanks to a taco.Ultimately, the core driver of mortgage...

Slow housing market largely ends need for buyers to write personal letters to sellers

As part of their offer on a Toronto homelast month, Jarrod Armstrong asked his clients to write a personal letter to the seller. 

Wedding Gift Funds Can Help Borrowers Qualify For A Mortgage

Wedding Gifts May Be Considered Acceptable Mortgage FundsMany borrowers receive substantial monetary gifts from family and friends during wedding celebrations. One common concern...

HUD reopens $454M reverse-mortgage pool for bids Sept. 1

The Department of Housing and Urban Development will begin considering bids in September for the auction of 5,500 units in two separate reverse-mortgage...

Canadian economy tracking 3.4% second quarter annualized growth

The Canadian economy is on track for a stronger-than-expected rebound in the second quarter, as oil and gas led growth in May for...