by Team YourMortgageSpecialist.ca | May 1, 2023 | Mortgage News
This article was written by Ephraim Vecina for Canadian Mortgage Professional Magazine. It was originally published on May 1, 2023 on mpamag.com. – Substantially deep roots in the financial services space have held up Susanna Penning, senior mortgage specialist...
by Team YourMortgageSpecialist.ca | Nov 14, 2021 | Mortgage News
In November 2021, the Government Agency Financial Services Regulatory Authority of Ontario (FSRA) launched a new consumer education campaign designed to remind consumers that all Ontario agents and brokers must be licensed with the FSRA. Part of the consumer education...
by Team YourMortgageSpecialist.ca | Jun 5, 2020 | Mortgage News
In a press release yesterday, the Canada Mortgage & Housing Corp. (CMHC) announced a new series of mortgage rule tightening initiatives in a bittersweet effort to protect Canadian homebuyers. You can click here to read the full statement. Among the...
by Team YourMortgageSpecialist.ca | Mar 27, 2020 | Mortgage News
Fluctuating Rates, Clarified In an unscheduled announcement, the Bank of Canada lowered its target for the overnight rate today by fifty basis points to 0.25%, down from 0.75%.This decisive fiscal action signals the Bank’s response to the economic shock waves...
