Michelle Mullan, Mobile Mortgage Advisor at CIBC

CIBC shaved 15 basis points off their posted 5-year fixed rates. That’s enough to drop the benchmark 5-year posted rate to 4.79%, meaning you’ll now need less income to qualify for a given mortgage amount. Read more here:

We’ve launched a new online resource dedicated to helping seniors. You can find programs and expert advice for clients over the age of 65 here:

Following the announcement of CMHC’s new mortgage rules, Canada’s other two mortgage insurers, Genworth Canada and Canada Guaranty, confirmed they will not be following CMHC’s lead. Read more here:

https://www.bnnbloomberg.ca/housing-agency-tightens-canadia

Our Healthcare workers have given us so much. And that’s why CIBC is giving them 30 Million Aventura Points in travel vouchers so they can take a holiday. Nominate your healthcare hero here: