Shane Mullen - Licensed Mortgage Broker

11/18/2019

Thirty-one per cent of new buyers said they rented for a decade or more before purchasing a house. That's up from 22 per cent in 2018.

11/15/2019

Interesting Read

Unlike Big Six banks, fair-penalty lenders don’t use arbitrarily inflated rates in their calculations. That only serves to drive up penalties

06/07/2019

Good news for people in the market for a new or renewing mortgage

House prices may be as high as ever in many parts of the country, but Canadian homebuyers are being offered some of the lowest mortgage rates seen in years as lenders battle to drum up new business.

05/08/2019

Great advice for anyone looking to purchase a new home

1. Change your job. You were qualified for your mortgage financing based on your income, years at the job and the understanding that you were there for a while. Changing jobs should be put off until after possession day. 2 – Changing your name. Make sure that your identification and your name matc...

05/06/2019

# 1 reason to work with a mortgage broker, helping client's understand the constantly changing mortgage rules.

Survey released as TD economists tell clients that the government should consider relaxing mortgage qualification rules

04/08/2019

Updates on the government's First-Time Home Buyers incentive.

Here is the latest on the new government first time home buyer's incentive plan.

04/03/2019

What's bad news for some is good news for others, and Canadian mortgage-holders are the unexpected beneficiaries of some of the gloom that's hovering over Canada's economy.

03/25/2019

Our recommendations on Canadian Housing Affordability are strong options to be considered in the lead-up to this year's election:https://mortgageproscan.ca/docs/default-source/government-relations/policymaker-info-package-2019.pdf

They’re smart and can be implemented quickly. We’re looking forward to our conversations with candidates.

03/06/2019

The mortgage stress test rules are smart policy, that is helping to lower home costs and will prevent a crisis should rates rise or the economy suffer.

01/15/2019

Over the past 15 years, home equity lines of credit have emerged as the driver of mounting non-mortgage debt in Canada — yet many Canadians don't understand what they've signed up for and are not moving to pay them off, a new survey suggests.

12/03/2018

Canada’s home builders are urging the federal government to loosen mortgage-lending restrictions that have helped cool housing markets this year.

11/26/2018

Residential Investor Outlook 2019: Scout opportunities outside of the Lower Mainland for best returns on home buying and rental plays