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May 13, 2013    Employer of Choice for TMG The Mortgage Group Canada Inc.
(Toronto) TMG The Mortgage Group Canada Inc., took home The Employer of Choice Award at the Canadian Mortgage Awards on Friday, May 10, held at the Liberty Grand in Toronto. TMG is the first brokerage ...
May 7, 2013    Consider a mortgage broker first
So what comes first - the chicken or the egg? In the real estate industry that question gets turned into the following -- if I am going to buy a house do I speak with my mortgage broker or Realtor first? ...
May 6, 2013    Loyalty doesn't pay when it comes to mortgage renewals
A Bank of Canada study found that loyal bank customers don't get best deal when they renew mortgage. People who switch and first-time buyers do. Everyone you deal with would like you to believe there ...
May 3, 2013    Buying a house doesn't have to be stressful
Buying a house should be an exciting time but it can get pretty stressful, according to the Bank of Montreal's Psychology of House Hunting report released on Thursday, May 2. The biggest worry is ...
April 11, 2013    When will the housing market rebound?
This has been a week of reports - all confirming a cooler housing market. On Tuesday April 9, the Canada Mortgage and Housing Corporation (CMHC) reported housing starts were weaker than expected, although ...
March 26, 2013    Should we privatize CMHC?
Canada Mortgage and Housing Corporation (CMHC) is in the news again after Minister of Finance Jim Flaherty released the 2013 budget on Thursday March 21. New changes are coming that will, once again, ...
March 21, 2013    Many Canadians think getting a mortgage is complicated
A new survey commissioned by ING DIRECT found that 67% of Canadians who have had or currently have a mortgage felt the process was either complicated, confusing , or hard to figure out. Thirty-eight per ...
March 8, 2013    The competitive mortgage market- it's not all about rate
The recent announcement that BMO has lowered its 5-year fixed rate from 3.09% to 2.99% has caused a flurry of speculation from market analysts and warnings from the federal government. For the past year ...
February 28, 2013    Recession or stability for Canada
Throughout the Global Financial Crisis, when the world economies slowed down, Canada held onto economic growth. This was due, in large part, to the approach taken by the Bank of Canada and the Government. ...
February 21, 2013    Mixed messages from media - it's the norm
Once again, we are getting mixed messages from the media. Headlines warn that house prices are easing, yet on further reading, we find that only a few major centres are feeling the pinch. In local markets, ...
January 31, 2013    Collateral mortgages a hot topic
There has been a lot of interest in collateral mortgages since CBC's Marketplace took a stab at TD Canada Trust's product on January 27, 2013. Up until a few years ago, most mortgages were registered ...
January 23, 2013    Canadian economy to spring back into life
Once again, Canada looks to the US for signs of life and after more than three years, the U.S. is poised for economic recovery. As dependent as the country is on the economic health of the United States, ...
January 7, 2013    The U.S. Fiscal Cliff and Canada
The term "fiscal cliff" has conjured up a powerful image of the U.S. economy falling into a pit so deep that there was no hope of climbing out. The ramifications of that mighty fall would be felt ...
December 19, 2012    Credit report errors costly to consumers
Mistakes on credit reports resulting in false credit scores can cost consumers thousands of dollars. A recent investigation by CBC News found that credit reporting errors have not only prevented consumers ...
December 6, 2012    TMG The Mortgage Group Ranked One of the Best Companies to Work for in B.C.
Vancouver, BC - TMG The Mortgage Group Canada Inc. has been recognized as one of the Best Companies to Work for in B.C. at an Awards Gala on November 28, 2012 at the Fairmont Hotel in Vancouver. A leading ...
November 26, 2012    Why mortgage competition is vital to your well being
I have long believed that competition benefits the consumer because more choice and increased competition usually leads to better products at lower prices. Let's take a look at competition in the ...
November 19, 2012    Highlights from CAAMP's Annual State of the Residential Mortgage Market
The just-released annual report from CAAMP has verified what many of us already knew - "that four rounds of mortgage rules have contributed to slowing mortgage activity" On a high note: Among borrowers ...
November 6, 2012    How Much is Enough Mortgage Friction?
A mortgage consumer recently described the cost and work involved to switch lenders, either at mid-term or at maturity, as "mortgage friction." This is an interesting comment. If there are savings to ...
October 25, 2012    A case for privatizing CMHC
Is it finally time to privatize CMHC? Finance Minister Jim Flaherty recently announced that he would like to see the default insurer privatized in the next five to 10 years. "We've taken four ...
September 13, 2012    Is household debt a threat to our economy?
Here are the facts: Canadian household debt is indeed equal to 154% of disposable income The housing market is softening and prices are going down in many areas of the country Canadians will be impacted ...
September 7, 2012    Industry Expert Forum
The mortgage industry is constantly evolving. We are in a time when changes are happening quickly so it's important that we encourage dialogue, collaboration and share expertise and strategies to ...
August 30, 2012    The Affordability of Canadian Housing
Once again we have mixed messages in the media about the affordability of Canadian housing. In March of this year, the Globe and Mail reported that housing affordability is improving in Canada due to ...
August 29, 2012    Building Your Personal Brand
We all know what a brand is -- Coke, Pepsi, McDonald's. But nowadays branding is getting more personal. With the surge of social media, there is a need to manage your own reputation both online and ...
August 21, 2012    Brokers can manage mortgage changes
What a summer it has been so far for the mortgage industry and quite a year overall for both homeowners and those of us who work in it. Here is a quick recap: January - BMO's 5 -year fixed rate dropped ...
August 15, 2012    Can Canada have it all?
Bank of Canada (BOC) Governor Mark Carney made a bold statement in an interview with the British Broadcasting Corp. (BBC) recently. He said that he has done all he can to boost Canada's economy and ...
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