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5 Reasons why home ownership makes sense!

A review of the simple concept of why buying makes more sense than renting

Canada’s major banks reduce mortgage rates again

Five of Canada’s major banks reduced many of their posted mortgage rates by one-tenth of a percentage point, effective today.

Bank of Canada rates – July 22, 2010 update

The Bank of Canada's qualifying rate has drifted downwards to 5.79%... The gradual 'drift down' over the past few weeks has been helping to ease some people's concerns when qualifying to purchase a home with a fixed term shorter than 5 years OR with a variable rate term.

Happy Canada Day!

The team at Trimor Home Finance would like to wish all our past, current and future customers a Happy Canada Day! Also, please note that our office is closed in observation of the statuatory holiday on July 1, 2010 but we are ‘on call’ for your needs! We will be open standard offi ce hours [...]

First-Time Homebuyers: a walkthrough, day 1

Many first-time homebuyers have the dream and the drive, but haven't done the mental 'math' of what really goes into the homebuying process. In this installment, we walk through some of the preliminary steps of mapping out the ABC's of the homebuying process. More to come throughout the week!

Setting the facts straight on mortgage fraud.

Well. We’re sure that you’ve heard the buzz on everyone’s lips over the past few weeks: the BMO mortgage fraud case. Overall fiscal responsibility will be the buzzwords of the Canadian Mortgage industry more than ever in coming weeks, months and years. This is a good thing!

CAAMP releases Spring 2010 consumer report

Today, CAAMP released its spring consumer report, Prudence Paying Off For Canadian Mortgage Borrowers.

Straw buyers: Taking advantage of your good name (…it's MORTGAGE FRAUD)

From the CBC.ca article published May 5, 2010 You don't need to use a gun to rob a bank. Criminals do the same with some falsified documents and a little know-how. A walkthrough and tips on how to avoid the perils of becoming involved in Mortgage Fraud.

Most Canadians are ‘comfortable’ with mortgage debt: CMHC

Aging baby-boomers are 'comfortable' in having mortgage debt in their lives as they approach and live in retirement; source of data comes from Ipsos-Reid poll and RBC survey.