Direct To The Borrower: Reason to Invest #4: Cannect MIC
The Cannect Mortgage Investment Corporation is direct to the borrower. We are a lending company and a brokerage, so we don’t pay third parties to send us loans to fund. Have a listen to hear the benefits of doing this: As I’m sure most of you know, interest rates are rising quickly as the central banks around the globe […]
CP24 interview with Marcus Tzaferis December 17, 2010
How to Know If Controlled Demolition Is Right for You
The Bank of Canada (BoC) has been telling us that it needs to increase rates. The frequency and amplification of their message has been steadily rising. As their message becomes louder, the market begins to make its own noise. We can try to predict what further rate increases will bring to the market, but we […]
Key Trends in Canadian Mortgage Competition Right Now
The following is a summary of some important points we have drawn from the above article which was produced by the Bank of Canada. It is important to note that this article was produced with the intent of identifying ways that Bank of Canada’s monetary policy would have a greater impact on Canadians. In short, […]
Hidden Expenses in Home Ownership You Should Know
The great thing about purchasing your very first home is that you can stand in the middle of your backyard or on your balcony and scream at the top of your lungs, “I’m a home owner!” Well don’t yell that loud, your neighbours might call the cops instead of ringing your doorbell with a freshly […]
CMHC Announces it will be Rationing Mortgage Backed Securities
Yesterday we posted an article on our Facebook page discussing the next attempt to slow down Canada’s housing market. The Government of Canada, through its wholly owned Crown Corporation CMHC, has decided to begin limiting the dollar amount of mortgages Canada’s Mortgage Lenders will be able to have guaranteed by the Canadian Government. This newsletter […]
The Latest on Canadian Home Loan Policies
Over the last decade, house prices in Canada have doubled, and the market continues to grow. The demand for property is illustrated by the fact that there are 173 skyscrapers being built in Toronto, the highest number in North America. New York, with nearly four times the population, has only 96 under construction, while Chicago […]
Cannect Mortgage Investment Corporation: #1 Reason to Invest
Is it time to Invest with the Cannect Mortgage Investment Corporation? Here is the one of the best reasons why now is the time. Get in touch with today
Cannect and CBC News: How Can You Access Monetary Stimulus?
Should You Rush Into a Variable Rate Mortgage? Variable Rate Mortgages are much worse than they were 2 weeks ago. Regardless, if you or someone you know is in a fixed rate mortgage with a rate greater than 3% it might still be time to consider switching to a variable rate. Why? So, why are […]
Breaking Your Mortgage Made Easy
This process can get confusing without the help of a Mortgage Agent. Working with MorCan Direct will provide you with access to some tricks to reduce these penalties and keep your mortgage lender in check when they are calculating penalties. The number one way to save the most money on your mortgage is to stay […]
