13 Mar

WHERE ARE CANADIAN MORTGAGE RATES GOING IN 2018?

Residential Mortgages

Posted by: Pierre Pequegnat

2017 was a year of change for the Canadian Mortgage Market. With the announcement of the B-20 guideline changes requiring all insured or uninsured mortgages to undergo stress testing. In addition, the removal of mortgage bundling and the continued rate rises from the Bank of Canada have led to significant changes in mortgage rates. This […]

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27 Feb

Need a Commercial Mortgage?

General

Posted by: Pierre Pequegnat

If you’re an entrepreneur, business person or commercial investor then you probably have or need a commercial mortgage. Where should you start?  Do you call your bank, or do you call a commercial mortgage broker? I recommend you call your bank. Yes, that’s right; I’m a commercial mortgage broker and I am telling you to […]

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22 Feb

FORECLOSURE NOT AUTOMATIC ON DEFAULT

Residential Mortgages

Posted by: Pierre Pequegnat

According to a recent case tried in the Court of Appeal for Ontario, Winters v Hunking, 2017 ONCA 909 as summarized by Scott McGrath of WeirFoulds LLP, Foreclosure is not automatic on default. In an interesting article posted December 8, 2017 in Mondaq, Scott McGrath reminds us that the Court may have acknowledged the Lender was […]

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