OSFI urges lenders to be vigilant amid “heightened risk” in the mortgage market   In response to increased risks in the mortgage market, Canada’s banking regulator has issued a reminder to lenders about their risk management responsibilities. The Office of the Superintendent of Financial Institutions (OSFI) this week released a regulatory notice reminding federally regulated lenders of […]

Prithipal Dadiala 5 days ago In wake of fraud allegations, RBC says it’s “very comfortable” with due diligence done on HSBC Canada’s mortgage portfolio RBC’s executive team today expressed confidence in its due diligence of HSBC Canada’s mortgage portfolio during the $13.5-billion acquisition. The question arose on today’s first-quarter earnings call in the wake of […]

Unlock the Power of a Mortgage Agent! Are you considering a mortgage, refinance, or loan? Wondering why you should choose a mortgage agent instead of your bank? Here are the key benefits to keep in mind: 1️⃣ Broad Network & Better Rates: Mortgage agents work with multiple banks and private lenders, expanding your options significantly. […]

Published by DLC Marketing Team February 6, 2024 Making Your Home Workspace More Productive. Fall in love with your home and your workspace again with these tips to help you make your home office space more productive! Establish Boundaries: A key component of being more productive at home is to establish proper boundaries between work and […]

9 hours ago Rate Cuts and Market Volatility Canadian mortgage rates are declining again after a brief increase tied to rising bond yields. Major lenders like Scotiabank, TD, and CIBC have cut select rates by 10-20 basis points. The average 5-year fixed rate has dropped from 5.82% in October to 5.07%. U.S. Treasury movements impact […]

Mortgage Renewal Benefits. Is your mortgage coming up for renewal? Do you know about all the incredible options renewing your mortgage can afford you? If not, we have all the details here on how to make your mortgage renewal work for you as we start to think about 2024. Get a Better Rate Are you […]

Estate Planning: Are You Covered?. “New Year, new you” may be a cliché but it is for a reason! The New Year always has us thinking about where we are now, and where we want to end up. When it comes to your personal goals, a review of your finances and estate should be at […]

Unlocking a Year of Possibilities: Achieve Your 2024 Resolutions with the CHIP Reverse Mortgage. It’s a brand-new year, and if you’re up for it, a chance for a brand-new version of you. No matter how you plan to start 2024, you might have a few ideas about changing things up in the months ahead. Whether […]