Archive for: October 2013

Low interest rates till late 2016?

Filed under: Mortgage - 28 Oct 2013

THINK OUTSIDE THE BOX:  The Bank of Nova Scotia has reforecast its outlook on the Bank of Canada and now believes the bank will hold off on hiking its overnight rate until 2016.

“The Bank of Canada probably now envisages spare …

A clear mortgage policy

Filed under: Mortgage - 11 Oct 2013

THINK OUTSIDE THE BOX:  The right balance needs to be found. What the government wants is not necessarily to limit the size and scope of the mortgage market. Instead, it wants to have the private sector take on more of …

Flaherty Talks Mortgages With CAAMP

Filed under: Mortgage - 04 Oct 2013

THINK OUTSIDE THE BOX:  Brokers play an important role in creating a competitive mortgage market says Mr. Flaherty.

Finance Minister Jim Flaherty met Monday in Toronto with the Canadian Association of Accredited Mortgage Professionals (CAAMP). The Minister meets annually with stakeholders …