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Mortgage Underwriting in an Uncertain Canadian Real Estate Market

An uncertain, fluctuating Canadian real estate market can be absolute nightmare conditions for an agent or mortgage broker to work in. Your efficiency, closure rates, and overall success will be more dependent on your underwriting than ever. Let’s look at considerations and contingencies. First – lenders can get finicky when house prices begin to fluctuate and begin taking extra measures, Continue Reading

Canadian Homeowners Taking Out More Mortgage Financing Than Ever

The numbers agree: Canadian homeowners are borrowing more than ever — and most of the money being loaned is going towards mortgages. According to Statistics Canada, Canadian households borrowed $28.9 billion in the second quarter of 2017, up from $25.4 billion in the first quarter. Mortgages made up more than half of the amount borrowed. In Ontario, residential mortgages have Continue Reading

Purview® Limited Service Availability

Purview® Limited Service Availability: Please note, due to system maintenance, we will experience a service interruption affecting our Title products during the following period: Friday, November 24 at 9 p.m. to Saturday, November 25 at 8 a.m. You will experience the following: Searching Instruments/Plans will not yield any results. We apologize for any inconvenience this may cause. Have any questions? Continue Reading