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Monday, March 31, 2014
Why BMOs rate cut is good news for everyone
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By Mark Kerzner, President of TMG The Mortgage Group Last week BMO announced a cut to its 5-year fixed mortgage rate to 2.99%. This reall...
Friday, March 21, 2014
Gen-Yers and home ownership
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There are nine million Gen-Yers or “millennials” in Canada, many of whom are financially savvy, have control of their money, take a long-...
Monday, March 03, 2014
Housing collapse? What housing collapse?
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Bad news trumps good nearly every time in the media, especially in the financial media. Interest rates are going up, interest rates are...
Tuesday, February 11, 2014
The Volatile Jobs Market
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In December, 2013, the economy lost 45,900 jobs instead of gaining what economists projected would be 14,000 jobs. The unemployme...
Monday, January 27, 2014
Lower loonie may not be so bad
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A devalued loonie, coupled with low inflation, comes talk that the Bank of Canada (BoC) might consider cutting its overnight lending rate. ...
Wednesday, December 04, 2013
Mortgage stats and you
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Amortizations are falling, rate discounts are increasing and consumers have flocked to fixed rates. Those are a few of the trends found in ...
Monday, November 04, 2013
Good news for interest rates
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By Mark Kerzner, President, TMG The Mortgage Group Canada Inc. There’s good news on the interest rate front. In the Bank of Canada’s (Bo...
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