Tag: Borrowing

Tips to repairing bruised credit

The importance of a high credit score is, unfortunately, lost on many borrowers, but with a little discipline and dedication, they can get back on track.

Watch out: the Canadian housing market could become a drag on the economy in 2019

The Canadian housing market hasn’t provided much of a boost to the country’s economy in 2018 and, according to one bank, it’s a trend that will likely continue in the new year.

Housing starts have been slowing in recent months, which CIBC economist Royce Mendes believes is a sign that the market will exert a drag on the Canadian economy in 2019.

New high-end home mortgage advisor course opens

Working with luxury homeowners and high-net-worth individuals and families can be intimidating. Fortunately, a new certification course is available to help mortgage professionals who want to specialize in serving this unique market.

Is Canada’s borrowing finally entering a lull?

While the Canadian household debt balance has broken all previous records by reaching a total of $2.13 trillion in July (up by 3.77% compared to the same time last year), data from the Bank of Canada also indicated a recent sharp decline in the growth of these accountabilities. Canadian mortgage

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East Coast Mortgage Brokers is Newfoundland and Labrador’s premier mortgage company. Founded in 2010, we work with Canada’s top lenders to ensure our clients get the best deal for their mortgage.