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Archive for February, 2010

2010 Games full on. No Parking No worries.

The games are all ago around our office and we have seemed to get by unscathed to this point. The courier drivers are unhappy as they cannot park but our customers seem to be okay as well as the staff. We are still working on plenty of 2nd mortgages, debt consolidations and equity loans all over BC

02.19.2010| Mortgage News | mark

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Min of Finance unveals some big changes!

This article is worth a look. Wow. The Federal Gov is making moves to try to prevent a real estate buble. They say things are fine and there is no sign of it yet, but if they are making preventative changes they must have a sniff of something on the horizon? I am not sure what to make of the news as

02.16.2010| Mortgage News | mark

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Business in Van has some good news re housing starts

BC housing starts up 8.3% in Dec. A good sign I think. You can feel and see it as you are out and about.  The construction sites are all around us and the ones that seemed to be stalled are again showing signs of life. The trickle down effect of that will be excellent for a lot of involved industri

02.10.2010| Mortgage News | mark

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Mortgage Rules in Canada

Jim Flaherty is saying that he has no plans to change the rules. This came out of a Dec speach where here opened a can of worms regarding larger down payments and shorter amortization periods, in response to questions regarding potential real estate buble. He is now saying that he does not see a bub

02.9.2010| Mortgage News | mark

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Research by Maritz Canada for CAAMP.

Looks like the number of people using mortgage brokers in Canada is on the rise.  The research shows that in BC and AB the largest number of consumers are using Mortgage Brokers. The National average of mortgage broker deals  is 23% of all mortgages,but in BC it is 27% and in AB 34%. These numbers

02.9.2010| Mortgage News | mark

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Carney says the Mortgage Market is Strong.

BOC Gov Mark Carney says the Mortgage Market is Strong and a Housing Bubble is non existent. He does not feel that structural changes to Canada's mortgage market are needed. He thinks our mortgage market has performed well over the last ten year. I happened to agree. I guess he is referring to the i

02.5.2010| Mortgage News | mark

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Olympic Lanes now in effect on Hastings in front of our office!

What does this mean for One Stop Mortgage Corp. Does this mean that www.onestopmortgage.com will see more hits and less people will come to see us in person? I guess only time will tell. We are still open for business and as of today there is still lots of available parking around. It will be intere

02.4.2010| Mortgage News | mark

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Good news for anyone investing in mortgages.

We are told today that the Canadian economy has grown for the third month in a row.  That's good news for mortgage investors as it indicates our borrowers will continue to be employed and therefore make the mortgage payments. http://www.mortgagebrokernews.ca/news/40061/details.aspx

02.2.2010| Mortgage News | mark

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