MortgageLogic.news (Page 13)

8Twelve Mortgage Corporation Partners with NerdWallet

Robert McLister Jun 10, 2024 9:20 PM ET

💡Also in this edition: • The latest from RateLand • The Value Zone (with new fixed-variable research from Desjardins) • Mortgage Bytes Toronto-based mortgage broker 8Twelve Mortgage Corporation has just scored a lucrative long-term revenue-sharing pact with NerdWallet (Nasdaq: NRDS). San Francisco-based NerdWallet is a global financial information juggernaut. In Canada, it competes

MLN Interviews MCAN: Value Mortgage Leader. Stealth Wealth Builder

Robert McLister Jun 08, 2024 6:30 PM ET

When the public thinks about where to get a mortgage, MCAN doesn’t pop up on most radars. However, for status brokers in the know, MCAN is sometimes invaluable for ultra-rate-sensitive insured clients. It also fills some quirky non-prime niches. And then there's its stock. Investors know MCAN

CMHC Undercuts Sagen and Canada Guaranty

Robert McLister Jun 06, 2024 11:57 PM ET

CMHC has massively undercut private default insurers on 30-year insured amortizations. Effective August 1, Canada's housing agency will be charging just 20 bps extra for insured first-time buyers who want a 30-year am. That's dialling all the way back to what CMHC charged in 2012, the

Bank of Canada Brings Back the Punch Bowl

Robert McLister Jun 05, 2024 2:12 PM ET

Canadian borrowers will be toasting the BoC from coast to coast, having waited for this day since the first hike 27 months ago. Odds are, today's 25 bps cut is just the appetizer. The Bank expects it to start a string of easing—one that markets anticipate will

Ratehub's Founders to Reportedly Step Down

Robert McLister Jun 04, 2024 11:59 PM ET

Fourteen years after redefining mortgage rate comparison, Toronto-based Ratehub is getting a fresh CEO. Co-founders Alyssa Furtado and James Laird are reportedly passing the baton to Naga Parvatharaja. His last stint was as GM and Head of Lending at SoFi, a publicly traded U.S.-based "one-stop shop for

8Twelve Mortgage Corporation Partners with NerdWallet

MLN Interviews MCAN: Value Mortgage Leader. Stealth Wealth Builder

CMHC Undercuts Sagen and Canada Guaranty

Bank of Canada Brings Back the Punch Bowl

Ratehub's Founders to Reportedly Step Down

Mortgage Memo: Sep. 19

Crisis-Sized Cut From the Fed Gives BoC More Options

Mortgage Memo: Sep. 18