Category Archives: mortgage and real estate news

Make your mortgage tax deductible and pay it off years sooner! This is my first note today about Tax Deductible Mortgage Plan (TDMP) mortgages.  This is an exciting plan for many people who are paying too much in income taxes … Continue reading →

I was reading the Globe website today and saw this article about a mortgage broker in Toronto who thinks that the mortgage changes are a good thing for consumers.

Attractive mortgage rates lured more home buyers into the market in 2010. Doom and gloom predictions brought on by the HST, tighter mortgage rules and projected interest rate increases failed to materialize.

As has been mentioned in numerous media outlets the past week, the federal government has made the decision to further tighten the regulations regarding mortgage lending on high ratio mortgages.  The changes are due to take effect on March 18th.

Commentary on a recent report about the Canadian federal government and the banks in discussions to make mortgage lending more difficult. Continue reading →

If recent news reports about our collective appetite for credit are any indication, Canadians may wake up in the new year with a doozy of a post-holiday debt hangover. As new or future homeowners, make it your resolution in 2011 to commit to a … Continue reading →