I’ve helped out a particular client a couple years ago on getting a quick cash injection while her property was listed for sale. No problem here. We actually ended up doing this twice as the property just wasn’t selling. Eventually it did and she moved on. She ended up buying her new property with cash […]
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CAAMP: Major Job Losses From Amortization Change
Killing 30-year amortizations on high-ratio insured mortgages was a move that some criticized and some applauded. But few could measure the potential side effects when the decision was made last July. But now, Will Dunning, Chief Economist at the Canadian Association of Accredited Mortgage Professionals (CAAMP), has put out data that quantifies one of the […]