Every quarter, Wowa.ca puts out some solid research called the Canadian Lenders Report (details).
We just saw its latest version and some interesting nuggets stood out. We're talking the kind that mortgage brokers can casually drop into the conversation when pitching their services.
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This is Part II of MLN's one-on-one conversation with HomeEquity Bank (HEB) SVP Rene Quercia.
In this final installment, Rene zeroes in on six subjects mortgage brokers should find helpful:
* A new reverse mortgage product in development
* HEB's policy on renewal pricing
* Whether HESAs are a
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At Christmas, the world seems to decelerate just enough for us to notice what’s always been there: kindness, generosity, and warm, friendly cheer. For one day, the usual stresses—deadlines, worries, contentions—step aside, and we’re reminded that goodwill is not rare, just sometimes overlooked.
Christmas has a
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If you bought a home with 5% down around Q4 2021 or Q1 2022, odds are your mortgage is still "high-ratio."
Depending on your rate, where you bought, and what you paid, by 2026, you may have amortized only 12-16% of your mortgage so far.
In fact, average
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