Are You Sensitive?

I am.  My wife tells me all the time, but I think she's referring to something else... Let's talk about price sensitivity, specifically as it pertains to interest rates, and how a changing mortgage market affects some real estate buyers,...

Mr. Red and the Big Bad Bank

I recently had a mortgage moment from hell with a buyer client who was fully qualified! Here to tell the story in a guest blog are the mortgage brokers who saved my client from the abyss... (more…)

Bemoaning BMO

The Bank of Montreal has a new, special mortgage out right now that is getting rave reviews.....from BMO... But there are a lot of hidden issues with this product, and I'm going to expose them....right NOW! (more…)

The Mortgage Minute

.....or five minutes, if you will. I've hired a new camera-man and this video is a little easier to follow than last week's deliciously decadent pre-construction vid. Here's five minutes with one of the most knowledgable mortgage brokers in Canada;...

Mortgage Q & A

Last week, I wrote about the changes to the Canadian mortgage frontier as we know it, and for some reason that still remains unknown, I decided to merge that post with my opinions on America and gun control... What's up for today?  Abortion?  Gay...

Breaking The Bank!

Here is one of my favourite stories about the American housing market in the late 2000's. The property "owners" in the following tale had clearly recognized how screwed up the mortgage and lending industries were, and sought to take advantage. Could...

“The Big Short”

This was quite possibly the best book I've ever read. And even though I've read American Psycho as well as The A-Z Encyclopedia of Serial Killers, I still believe that "The Big Short" is likely the most disturbing book I've ever read....