The CAAMP 2012 Mortgage Forum

Right now in Vancouver, BC, the annual CAAMP (Canadian Association of Accredited Mortgage Professionals) mortgage forum is taking place.  It’s the annual “big event” in the Canadian mortgage industry where mortgage brokers, lenders and everyone involved in the Canadian mortgage industry get together to connect with each other and “talk shop.” If you’re so inclined,… Continue reading The CAAMP 2012 Mortgage Forum

CAAMP Releases Annual Consumer Survey Report

Today, CAAMP released its fall consumer report, Annual State of the Residential Mortgage Market in Canada. The report indicates that the majority of Canadian homeowners are still comfortable with their mortgage debt levels; however, it also identifies weaknesses in the mortgage market that could affect Canada’s economic recovery. Here are some of the significant/interesting stats… Continue reading CAAMP Releases Annual Consumer Survey Report

Mortgage Monday Rate Update

Yup, it’s time for another monthly rate update.  Whether you like it or not, stats and numbers are a part of the world of mortgages. When rates change even the slightest of percentage points, it could cost or save you thousands of dollars. Every once in a while, here on the Mortgage Monday posts, I’ll update you on… Continue reading Mortgage Monday Rate Update

Understanding Your Credit Report

Article courtesy of Genworth Canada.   A credit report is a history of how consistently you pay your financial obligations. It is created when you first borrow money or apply for credit and is built over time. The companies that lend or collect money or issue credit cards (banks, finance companies, credit unions, retailers, etc.) send… Continue reading Understanding Your Credit Report