Admin Trump’s Tariffs Could Cause a Recession in Canada Lendworth MIC (LMIC): Stability in Uncertain Times Historically, protectionist measures can drive up business costs, reduce consumer spending, and slow economic growth. While some industries may face ... Feb 9, 2025
Admin The A, B, C’s of Equity-Based Mortgage Lending & How to Get Approved in Less Than 48 Hours At Lendworth , we focus on the value of your property rather than your credit history or income. This means faster approvals and flexible lending solutions to meet your financial needs. Here’s everyth... Feb 9, 2025
Admin CMHC releases its 2025 housing market outlook CMHC’s 2025 Housing Market Outlook: Key Risks and Projections With rising trade tensions between Canada and the U.S. and a reduction in immigration targets, economic uncertainty remains high. Rather t... Feb 7, 2025
Admin GTA REALTORS Release 2025 Outlook and January Stats “A growing number of homebuyers will take advantage of lower borrowing costs as we move toward the 2025 spring market, resulting in increased transactions and a moderate uptick in average selling pric... Feb 5, 2025
Admin BMO projects a 1.50% Bank of Canada rate by year-end if U.S. tariffs on Canada take effect. That would be a full 100 basis points (1%) below BMO’s current forecast, which projects the Bank of Canada’s rate to reach 2.50% by year-end. BMO has updated its forecast in response to the potential ... Feb 5, 2025
Admin How Bond Yields Affect Mortgage Rates in Canada If you’re looking to secure a mortgage, understanding the relationship between bond yields and mortgage rates can help you time your borrowing decisions effectively. What Are Bond Yields? Government b... Feb 3, 2025
Admin U.S. Tariffs on Canada: What They Mean for Real Estate and Mortgage Markets While the direct impact on housing may not be immediately apparent, the ripple effects of increased costs, inflationary pressures, and economic uncertainty could shape the lending landscape in the mon... Feb 1, 2025
Admin What is an Appraisal and Why is it Important for Your Mortgage Investment? What is an Appraisal? An appraisal is an unbiased professional opinion of a property’s market value. Conducted by a licensed appraiser, this process evaluates various factors, including the property’s... Jan 28, 2025
Admin How to Rebuild Your Credit for a Better Mortgage Rate Don’t worry—at Lendworth, we specialize in helping borrowers with less-than-perfect credit. Here’s a step-by-step guide to rebuilding your credit and how we can support you on your journey to better m... Jan 25, 2025
Admin What Is a Weighted Balance Debt? A Smart Alternative to Refinancing This is where the concept of weighted balance debt comes into play. By leveraging a second mortgage at a higher interest rate instead of refinancing your entire mortgage, you can maintain a lower over... Jan 24, 2025
Admin Equity-Based Lending: Lendworth's Expertise in Underwriting Practices At Lendworth, we believe in simplifying this process through equity-based lending—a practice that offers a straightforward path to financial solutions by focusing on the value of the property rather t... Jan 22, 2025
Admin Navigating the Mortgage Landscape in January 2025: Stats, Rates, and Inflation Current Mortgage Stats The mortgage market has seen some fluctuations over the past year. As of January 22, 2025, the average rates for various mortgage terms in Canada are as follows: 5-year fixed-ra... Jan 22, 2025