CMLS introduces Aveo Flex 40, Canada’s newest 40-year mortgage option
This month, the mortgage finance company launched Aveo Flex 40 in Ontario, Alberta and B.C., with plans to roll it out across the country “in short order,” according to CMLS Senior Vice President and Head of residential mortgages, Andrew Gilmour. Andrew Gilmour, Senior Vice President, Residential Gilmour says CMLS has seen a “large influx of […]
Trump May Get His Wish of Lower Mortgage Rates Granted, But Not for the Right Reasons
Last week, President Donald Trump demanded that “interest rates drop immediately” while addressing the World Economic Forum in Davos, Switzerland virtually. He mentioned the falling price of oil as a driver for this to happen, along with his “historic victory” in the recent presidential election. The general idea is that lower inflation should usher in […]