|
|
| May 8, 2012 TMG Founders win prestigious award |
| Debbie and Grant Thomas, co-founders of TMG The Mortgage Group have been honoured with The Mortgage Broker Association of British Columbia (MBABC) 2012 Pioneer Award for Lifetime Achievement. The Pioneer ... |
| more >> |
|
| April 17, 2012 Bank of Canada maintains overnight rate target at 1 per cent |
| The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. The profile ... |
| more >> |
|
| April 13, 2012 When is a good time to buy a house? |
| A recent RBC survey found that Canadians are conflicted about whether to purchase a home this year. While a majority believes it is the right time, more than 70 per cent say they will hold off. The likely ... |
| more >> |
|
| March 29, 2012 Should you lock in to the 10-year rate? |
| Canadian mortgage holders and new home buyers have enjoyed a long period of low interest rates. Those rates are now rumoured to be going to go up - perhaps not in a dramatic way, but in small increments. ... |
| more >> |
|
| March 15, 2012 Canadian home sales edge higher in February |
| Following is the text of the national resale housing activity from the Canadian Real Estate Association (CREA). According to statistics released today by The Canadian Real Estate Association ... |
| more >> |
|
| March 1, 2012 Real Estate: Be ready for "what if's" at home |
| Keeping up with mortgage payments is an important part of home ownership, in addition to property taxes, insurance and maintenance. But what happens if your roof suddenly needs replacing, the foundation ... |
| more >> |
|
| February 27, 2012 CMHC funding cap means changes coming |
| The Canada Mortgage and Housing Corporation (CMHC) recently announced that it was within 10% of reaching its mortgage $600 billion funding cap. A number of lenders immediately reacted ... |
| more >> |
|
| February 21, 2012 Mortgage Fraud on the Rise |
| MONTREAL - Consumer credit company Equifax uncovered roughly $400-million worth of mortgage fraud in Canada last year, an "eyeopening" number industry experts estimate ... |
| more >> |
|
| February 10, 2012 Survey results good news for mortgage industry |
| A recent study of a representative sample of Canadians conducted by TNS Canada for TMG The Mortgage Group found that 66% of homeowners currently have a mortgage on their principle residence. Of those, ... |
| more >> |
|
| February 3, 2012 Are low fixed rates here to stay? |
| Fixed rates are at an all-time low and will likely stay low for some time to come. Some analysts predict that rates will remain stable through 2012 and perhaps well into 2013. Avery Shenfield, economist ... |
| more >> |
|
| January 31, 2012 Study Shows Renters Could Drive 12% Increase in Homeownership In Next Two Years |
| Renters' strength and quality differentiate Canadians from US: expert Vancouver, BC - In a recent online study conducted by TNS Canada ... |
| more >> |
|
| January 30, 2012 Good News for Brokers |
| A new survey commissioned by TMG is giving brokers a shot in the arm, suggesting almost a third of today's renters are planning to become homeowners in the next two years - most with the help of a ... |
| more >> |
|
| January 6, 2012 Three new appointments at TMG |
| In keeping with TMG The Mortgage Group's philosophy of promoting from within, we are pleased to announce the promotions for the following regional leaders effective January 1, 2012: Bud Jorgenson, ... |
| more >> |
|
| January 5, 2012 TMG promotes from within |
| TMG The Mortgage Group is moving three of its regional leaders up the corporate ladder, billing the move as in keeping with its philosophy of promoting from within. Effective Jan.1, 2012, Bud Jorgenson ... |
| more >> |
|
| January 3, 2012 CMHC agreeing with brokers? |
| A new report is backing up a broker beef, confirming consumer credit card debt has significantly outpaced mortgage growth. "Consumer credit, which makes up the remainder of household debt, grew at a faster ... |
| more >> |
|
| December 16, 2011 Home sales up 4.6 per cent year-over-year in November |
| TORONTO - Canada's housing sector is edging closer to a sellers' market as sales and prices jumped again in November, but the number of listings dropped off.Home resales rose six per cent last ... |
| more >> |
|
| December 14, 2011 Banker: growing debt = tighter mortgage rules |
| Irrepressible household debt has brokers and bankers more convinced that tighter mortgage rules are on the horizon. (Happy New Year?) "I would say so," Dave Larock, president of TMG The Mortgage Group ... |
| more >> |
|
| December 6, 2011 The Bank of Canada maintaining its overnight rate at 1 per cent |
| The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. Uncertainty around the global economic outlook has increased in the weeks since the Bank released ... |
| more >> |
|
| November 30, 2011 Mortgage break fees: The banks' gain is your pain |
| I took out a mortgage a couple of years ago. It was a five-year fixed mortgage at 3.50 per cent. As you may know from a previous column, I am concerned about where interest ... |
| more >> |
|
| November 30, 2011 Moody's: Brokers, you were right |
| A report from Moody's is vindicating brokers by pointing out unsecured debt - and not secured mortgages - poses the real threat to RBC and other Canadian banks. "It's an uncertain world that we're ... |
| more >> |
|
| November 28, 2011 CMHC: refis down 31% |
| Refi business remains down from pre-mortgage rule changes introduced this spring, according to new quarterly results released by CMHC. "Homeowner Refinance activity initially fell by nearly 40 per ... |
| more >> |
|
| November 27, 2011 Canadian housing bubble? Brokers disagree |
| While most reports and forecasts maintain the Canadian housing market will remain stable for the next year, reports are still surfacing that call into question whether the country will experience a housing ... |
| more >> |
|
| November 10, 2011 Bank of Canada could slash interest rates |
| As the nail biter in Europe continues this week, two economists are predicting the Bank of Canada will move to cut rates in a big way next year.Sheryl King, an economist at Bank of America Merril Lynch, ... |
| more >> |
|
| November 8, 2011 Stable housing market for 2012 |
| The housing market in 2012 will remain stable barring any major economic pressures. According to the most recent Housing Market Outlook released by Canada Mortgage and Housing Corporation ... |
| more >> |
|
| October 31, 2011 IMF: Don't rule out more mortgage rule changes |
| The IMF doesn't dictate monetary policy, but it is strongly suggesting Canada may need to ratchet up mortgage rules yet again if debt levels rise. If consumer debt continues to increase rapidly and ... |
| more >> |
|
