The mortgage lending landscape is perpetually evolving, influenced by a myriad of factors including economic conditions, interest rates, and regulatory changes. As we enter 2024, both mortgage brokers and borrowers must stay attuned to the latest trends that are shaping the mortgage market. This article aims to provide comprehensive insights into these emerging trends, offering … Read more
If you are coming to the end of your mortgage term and need to renew your mortgage, you face many opportunities. You have the ability to change the terms of your mortgage including repayment, refinancing, renewal or switching. You also have the option to either renew your agreement with your current provider or transfer your … Read more
New mortgage lending rules have made it tougher for borrowers to finance their real estate dreams. With tighter policies, the mortgage qualification criteria are stricter than ever, and this directly impacts the homebuyer market. With a higher qualifying rate, an environment of increasing interest rates, a slowing home sale market, and more stringent lender policies, … Read more
