Mortgage Broker Saint John NB: The Mortgage Group - Cindy MacFarland

Cindy MacFarland || September 12, 2023

Understanding mortgage default insurance in Canada

If you are currently in the market for a mortgage, you should be familiar with the term “mortgage default insurance.” For those who aren’t or if you need a bit of a refresher, I’m going to outline...

Cindy MacFarland || September 11, 2023

Mortgage Pre-Approval vs. Pre-Qualification: Navigating the Canadian Homebuying Journey

When starting on the exciting journey of purchasing a home in Canada, it's crucial to understand the key steps involved in securing a mortgage. Two essential stages that often cause confusion among...

Cindy MacFarland || September 08, 2023

Canadian economy added nearly 40,000 jobs in August

The Canadian economy added a more-than-expected 39,900 jobs in August, according to data released this morning from Statistics Canada. The employment gains consisted of an increase of 32.2k...

Cindy MacFarland || September 07, 2023

Good news for variable-rate borrowers as Bank of Canada leaves rates on hold

Variable-rate mortgage borrowers who have seen their rates skyrocket over the past year and a half received a reprieve today as the Bank of Canada announced a rate hold. That leaves the bank's...