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What's new at CanEquity — Canada's leading mortgage websiteCanEquity Online SecurityCanEquity is always working hard to continue to protect our customers and their data. Our close relationship with the Privacy Commission has given us inside knowledge on how best to protect our clients’ information while providing the safest and fastest online service possible. CanEquity has taken steps in the following ways:
Our clients’ privacy and data are of the utmost importance to us. At CanEquity you can rest assured that when you provide us with your information, it is dealt with in a highly confidential way and in a very secure environment. I guarantee it.
Updated: September 09, 2010
New Laws Governing Mortgages in CanadaThe federal government made an announcement this week about the upcoming changes to the mortgage lending market in Canada. This measure was taken to counter any overuse of the credit market and lending guidelines. Many Canadians find themselves in a position where they need to take out equity in their homes to pay off debt or take care of other money concerns. This is not a bad move generally but it can be, if all the equity is taken from the home to do it. The Finance Minister has decided that this should be scaled back slightly to protect the Canadian homeowner from overextending themselves and having no options if their situation should worsen. In layman's terms, here are the new mortgage rules for Canadian borrowers:
Everyone has their opinions about this topic and what they think should be done. CanEquity is, as always, neutral in our thoughts and opinions. We believe that the market has stabilized in Canada and that the recession is in our rear view mirror. No matter what decisions are made by the Federal Government and our lender partners, we will always strive to find the best product for our clients. We feel that this is but a minor hiccup in the financial road and it should not deter Canadians from wanting to purchase a home or refinance their existing home. This new rule has been implemented by the Federal Government to maintain Canada's secure and financially stable economy. We are available to answer any questions you may have.
Updated: February 17, 2010
President's Message Regarding Your PrivacyWe pride ourselves on customer service and consumer privacy. Since 2002, with our encrypted online mortgage application, we have been an industry leader in mortgage technology and security. Our staff are all highly screened and interviewed before employment commences and police checks are performed on each call centre representative. Our company was created by honest and hardworking people and we only want to work alongside other honest and hardworking people. You have my assurance that your file will always be dealt with professionally, promptly and with the utmost privacy and security. You have our promise. Anthony De Almeida, CEO
Updated: August 31, 2009
CanEquity's Refinance ProgramCanEquity now has available the product that enables you to refinance your home faster, more efficiently and with NO LEGAL FEES! Whether you refinance for home improvements, debt consolidation, education or investment purposes, the new CanEquity Refinance Program will help make your dreams a reality. CanEquity's Refinance Service includes:
Updated: May 2, 2009
The New Tax Free Savings Account (TFSA)One of the focuses of last year's budget was the announcement of a new Tax-Free Savings Account (TFSA). Targeted to lower-income earners, not necessarily benefiting from traditional tax-sheltered plans like RRSPs, the TFSA has now been sparking interest in the mortgage community. Can it now be leveraged towards a downpayment for a house or used to offset your mortgage interest rates allowing you to make lump-sum payments? CanEquity Mortgage investigated the advantages to the new Canadian Tax-Free Savings Account. Find out more about the Tax-Free Savings Account.
Updated: January 2, 2009
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Credit ReportsThe better your credit report looks to a lender, the better chance you have at getting a higher loan at a lower rate.It's important to know you credit rating. You might be surprised what you learn. |