Stress test leading to alternative lending
A new report by CIBC suggests the mortgage stress test is leading more people to look to the alternative lending […]
Feds offer new incentives for new home buyers
In this year’s budget, the federal government announced a program for first-time homebuyers that would offer between 5% and 10% […]
Terry Kilakos breaks down new mortgage rules on Global News
North East Mortgages president Terry Kilakos is calling on the federal government to ease some of the strict mortgage stress […]
When shopping for a mortgage, shop for your dream team
You might think the most important thing you need when you’re looking for a mortgage is the rate. It’s not. […]
Interest rate cut more likely than hike in 2019
When the Bank of Canada decided last week to keep its benchmark interest rates stable at 1.75%, it signaled the […]
Mortgage rules need urgent correction, industry experts warn
Evidence is mounting that the federal government’s increasingly restrictive mortgage rules have cooled housing markets to the point where too […]
Memo to Millennials: Look to the Suburbs!
If you’re a first-time home–buyer, you’ve likely wondered what neighborhood would be the best bet. Often, these debates among Millennial […]
Mortgage growth hits low as banks ask for stress-test relief
Read analysis from North East Mortgages president Terry Kilakos on mortgage rule changes that went into effect in October 2018 […]
Terry Kilakos: Post-holiday debt a drag? Happy refinancing season!
Now that January is done with, it’s time to reassess those New Year’s resolutions. How are your financial goals doing? […]
Who pays your mortgage broker? Not you!
If you’re looking to get a mortgage and considering a mortgage broker, there’s a good chance you’re wondering about how […]