https://www.movesmartly.com/articles/this-risky-trend-in-pre-construction-purchases-is-raising-red-flags?hs_amp=true Shawn Stillman is a mortgage broker at mortgageoutlet.ca, and is familiar with this issue. “I know,” he wrote me, “that there are ‘brokers’ who will charge $500, ask for ID and a copy of the first page of (the) purchase agreement and get you photoshopped (mortgage) approval.”  He adds: “I was told by the […]

https://www.mpamag.com/ca/best-in-mortgage/top-75-brokers-2022/400482   In spite of predictions to the contrary, COVID-19 did not bring the mortgage sector to a screeching halt. Throughout 2021, despite new virus variants and a roller coaster of lockdowns, the volume of mortgage deals kept brokers working overtime to keep up with the demand. This year is shaping up to be a […]

https://www.theglobeandmail.com/business/article-fixed-or-variable-how-to-decide-as-interest-rates-rise Fixed or variable? It’s a perennial question for mortgage seekers that’s expected to hit a fever pitch as the Bank of Canada begins what’s expected to be a steady stream of interest-rate increases in the coming months. On Wednesday, the central bank increased its key interest rate to 0.50 per cent from a record […]

https://www.mpamag.com/ca/tv/variable-rates-in-2022-whats-in-store/327013 With markets pricing in multiple Bank of Canada rate increases in 2022, could the popularity of variable rates take a hit? Leah Zlatkin, mortgage broker at Mortgage Outlet and LowestRates.ca expert, talks us through what could be in the cards this year.