With businesses and companies struggling to get through the pandemic, especially as business is slow with the lockdowns and with a lot fewer people coming out of their houses, the future does not look great. It seems that the next six months will make it difficult for clients to secure mortgage financing options based on the current effects of COVID-19 on the personal and financial health of Canadians. More importantly, their primary sources of income and employment are not predictable, which could be an issue in itself.

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The Effects Of COVID-19 On Mortgage Financing Underwriting Guidelines
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Tight Market Conditions Keep Home Prices at Historic Highs
Original Article Source Credits: Canadian Mortgage Trends, https://www.canadianmortgagetrends.com/
Article Written By: Steve Huebl
Original Article Posted on: 17th December 2020
Link to Original Article: https://www.canadianmortgagetrends.com/2020/12/tight-market-conditions-keep-home-sales-and-prices-at-historical-highs/
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Statistics Canada says economy grew at a record pace in third quarter of 2020
Original Article Source Credits: Advisor's Edge, https://www.advisor.ca/
Article Written By: Jordan Press
Original Article Posted on: 1st December 2020
Link to Original Article: https://www.advisor.ca/news/economic/statistics-canada-says-economy-grew-at-a-record-pace-in-third-quarter-of-2020/
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What experts have to say about HSBC's new 0.99% mortgage
Original Article Source Credits: Mortgage Broker News, https://www.mortgagebrokernews.ca/
Article Written By: Clayton Jarvis
Original Article Posted on: 8th December 2020
Link to Original Article: https://www.mortgagebrokernews.ca/news/what-experts-have-to-say-about-hsbcs-new-0-99-mortgage-336033.aspx
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Bank of Canada to restate low-rate guidance in Wednesday call
Original Article Source Credits: BNN Bloomberg, https://www.bnnbloomberg.ca/
Article Written By: Shelly Hagan
Original Article Posted on: 8th December 2020
Link to Original Article: https://www.bnnbloomberg.ca/bank-of-canada-to-restate-low-rate-guidance-in-wednesday-call-1.1533529
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Small businesses can now apply for an additional $20,000 under CEBA
Original Article Source Credits: Advisor's Edge, https://www.advisor.ca/
Article Written By: NA
Original Article Posted on: 7th December 2020
Link to Original Article: https://www.advisor.ca/news/economic/small-businesses-can-now-apply-for-an-additional-20000-under-ceba/
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Bank of Canada plans to keep interest rate near zero until 2023
Original Article Source Credits: CBC News , https://www.cbc.ca/
Article Written By: Pete Evans
Original Article Posted on: Oct 28, 2020
Link to Original Article: https://www.cbc.ca/news/canada/bank-of-canada-rate-decision-1.5779813
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Bank of Canada Signals Low Rates Until 2023, Unveils Changes to QE Program
Original Article Source Credits: CANADIAN MORTGAGE TRENDS , https://www.canadianmortgagetrends.com/
Article Written By: Steve Huebl
Original Article Posted on: October 29, 2020
Link to Original Article: https://www.canadianmortgagetrends.com/2020/10/bank-of-canada-signals-low-rates-until-2023-unveils-changes-to-qe-program/
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Renewing your mortgage
Original Article Source Credits: Canada.ca , https://www.canada.ca/
Article Written By: NA
Original Article Posted on:
Link to Original Article: https://www.canada.ca/en/financial-consumer-agency/services/mortgages/renew-mortgage.html
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How refinancing affects your credit score
Original Article Source Credits: Financial Post , https://financialpost.com/
Article Written By: Ethan Rotberg
Original Article Posted on: Nov 05, 2020
Link to Original Article: https://financialpost.com/moneywise/how-refinancing-affects-your-credit-score
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This Week’s Top Stories: Canadian Real Estate Prices Forecasted To Fall, As Households Make Fewer Payments
Original Article Source Credits: Better Dwelling , https://betterdwelling.com/
Article Written By: NA
Original Article Posted on:
Link to Original Article: https://betterdwelling.com/this-weeks-top-stories-canadian-real-estate-prices-forecasted-to-fall-as-households-make-fewer-payments/
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These are the five hottest real estate markets in Canada — and Toronto and Vancouver aren't on the list
Original Article Source Credits: Financial Post , https://financialpost.com/
Article Written By: Jonathan Bradley
Original Article Posted on: Sep 28, 2020
Link to Original Article: https://financialpost.com/real-estate/these-are-the-five-hottest-real-estate-markets-in-canada-and-toronto-and-vancouver-arent-on-the-list
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Busted! Don’t Believe This Myth About Mortgage Brokers!
Even though mortgage brokers have been helping clients find mortgage solutions for decades, there are still a ton of people who hesitate to seek their services. This is primarily due to the numerous myths and misconceptions surrounding the role of a mortgage broker.
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Vancouver real estate: early September numbers show steep drop in sales from August highs
Original Article Source Credits: STRAIGHT , https://www.straight.com/
Article Written By: Carlito Pablo
Original Article Posted on: September 25th, 2020
Link to Original Article: https://www.straight.com/news/vancouver-real-estate-early-september-numbers-show-steep-drop-in-sales-from-august-highs
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Home prices to drop, new report predicts — and even Toronto and Vancouver won't be immune
Original Article Source Credits: Financial Post , https://financialpost.com/
Article Written By: Colin McClelland
Original Article Posted on: Sep 23, 2020
Link to Original Article: https://financialpost.com/real-estate/mortgages/home-prices-to-drop-new-report-predicts-and-even-toronto-and-vancouver-wont-be-immune
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Owner Spotlight: Christopher D’Sena
I’m Christopher D’Sena, an Independent Mortgage Broker, with Dominion Lending Centers (DLC).
I look forward to sharing my story. I hope that you will enjoy getting to know me better.
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B.C. real estate: home prices forecast to rise 7.7 percent by end of 2020, and 3.7 percent in 2021
Original Article Source Credits: Straight , https://www.straight.com/
Article Written By: Carlito Pablo
Original Article Posted on: August 25th, 2020
Link to Original Article: https://www.straight.com/news/bc-real-estate-home-prices-forecast-to-rise-77-percent-by-end-of-2020-and-37-percent-in-2021
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Real estate in northern B.C. in hot demand during COVID-19 pandemic
Original Article Source Credits: CBC , https://www.cbc.ca/
Article Written By: NA
Original Article Posted on: Aug 24, 2020
Link to Original Article: https://www.cbc.ca/news/canada/british-columbia/northern-bc-real-estate-1.5697892
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Bank of Canada expected to cut mortgage rate to near record low - NEWS 1130
Original Article Source Credits: CityNews1130 , https://www.citynews1130.com/
Article Written By: MARTIN MACMAHON AND MIKE HALL
Original Article Posted on: Aug 11, 2020
Link to Original Article: https://www.citynews1130.com/2020/08/11/bank-of-canada-expected-to-cut-mortgage-rate-to-near-record-low/
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Top Five Things To Look For When Hiring A Mortgage Broker
A mortgage is one of the most secure financial instruments you can use to help you purchase your dream home. However, to reap the benefits of this versatile financial tool, you need to qualify for a mortgage. Mortgages may be easy to procure, but the intricate rules and regulations surrounding them can make it challenging for a layperson.
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