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Tag Archives: mortgage broker
Canada’s East-West economic divide deepens
As the divide gets greater the West continually does better. Alberta is the best place to live and do business in North America right now. That creates home demand and supports home prices. This is from the Globe and Mail: … Continue reading
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Tagged Alberta, Calgary, economy, Mark Herman, mortgage, mortgage broker
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Credit Score Info – this is great data
Below is a good article on credit scores. Mortgage applications are evaluated on 4 factors. You can think of them as “legs of a chair.” If 1 or 2 legs are shaky it could still stand if the other 2 … Continue reading
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Tagged Calgary mortgage, credit score, Mark Herman, mortgage, mortgage broker
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Why you should get a rate hold right now.
Why you should get a rate hold now. Let’s get right down to business; the advantages of using a top mortgage broker are listed near the end of this entry but reasons to use us should be pretty obvious by … Continue reading
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Tagged Mark Herman, mortgage broker, mortgage pre-approval, rate hold
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ING now has the evil & dirty collateral mortgage – like TD and RBC
Also see the article from earlier this year about TD and RBC offering the collateral mortgage – which is an “IOU” for every single $ you have. (http://blog.markherman.ca/2011/05/09/why-you-do-not-want-a-collateral-mortgage-from-td-or-rbc/ ) Essentially YOU give them the right to sue YOU into bankruptcy … Continue reading
Posted in bank, Calgary mortgage, real estate
Tagged Alberta, Calgary, Mark Herman, mortgage broker
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Canada’s economy surges ahead
There is good news out there for the Canadian economy and home buying. Here is some below. Christine Dobby Nov 30, 2011 – 7:06 PM ET The Canadian economy was not as bad as first feared in the third quarter. … Continue reading
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Tagged Alberta, Calgary, economy, Mark Herman, mortgage, mortgage broker
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Rates, spreads and all the rest
This is an article that was sent to me. It is totally technical and I love it. This is the real reason behind what are the lowest rates we have ever seen. It also explains why the days of Prime … Continue reading
Alberta leads North America in economic freedom: Fraser Institute report
This is great news for those of us in Alberta – we already knew we are booming. The rest of Canada is finding out as there were 26,000 new people added to Calgary this year. Almost the same as the … Continue reading
How do we (mortgage brokers) know rates are going up?
Hi All – many people ask how we know that rates are going to change ahead of time. Below is a sample of the data that we read on a daily basis. If you were motivated enough to read things … Continue reading