Real Estate

How Much Money Do the BIG Banks Earn?

How Much Money Do the BIG Banks Earn?

With the big Canadian banks set to reveal their quarterly earnings, investors are eager to take a close look to see how higher interest rates and a questionable trade environment are hurting the economy’s prospects.

Mortgage Stress Test is Creating a Generation of Renters

Mortgage Stress Test is Creating a Generation of Renters

Since the new mortgage stress test was implemented at the beginning of the year, approximately 18 per cent of prospective homebuyers have been unable to buy their preferred home, according to a report from Mortgage Professionals Canada (MPC).

What is a Monoline Lender?

What is a Monoline Lender?

As a Mortgage Brokerage that is independently owned and operated, Millennial’s Choice works with big banks like TD & Scotia, while also working with many other “Tier A” lenders.

Retired Seniors Keeping Their Homes Spells Trouble for New Home Buyers

Retired Seniors Keeping Their Homes Spells Trouble for New Home Buyers

According to a recent poll by IPSOS, 9 out of 10 seniors are deciding to stay in their homes post-retirement.

7 Reasons to Use a Mortgage Broker

7 Reasons to Use a Mortgage Broker

Whether you are a first-time home buyer or are looking to simply invest, getting into the real estate market can be quite challenging. Thankfully, there is an easier way to get the right mortgage deal for your situation.