East Coast Mortgage Brokers
141 Torbay Road A1A 2H1 St. John's, Newfoundland and Labrador, NL, Canada

MPPCC 2020 Best in Business Awards

Happy Saint Patrick's Day

FOMO & Tight Housing Supply Drive Home Prices to a New Record. For the eighth straight month, Canadian home prices set yet a new record high in February, the Canadian Real Estate Association reported on Monday. The average house price surged 25% from last year to a new high of $678,091, CREA’s figures show. At the same time, housing inventories continue to ...

Congrats to an amazing team that I get to be apart of. East Coast Mortgage Brokers is up for Canada’s Brokerage of the Year . . . #2021 #top #canadian #brokerage #award #team #monday #grind #pictureoftheday #like #follow

Could Mortgage Rates Start to Rise Sooner than Expected?. While Canada’s economy recorded its largest-ever annual GDP drop of 5.1% last year, it’s also on track to post a comeback in Q4, which could force the Bank of Canada’s hand in reining inflation in sooner than anticipated. That carries potentiall...

Nomination are opened for the Mount Pearl Paradise Chamber of Commerce If you would like to nominate a local or company please visit: https://docs.google.com//1Rm99QUdiSiAGs1hcb91436/viewform .... . . . @mountpearlparadisechamber #bestinbusiness #bib #award #nominations #local #recognition # See more

Cut your mortgage payment in half with this 2-apartment home!

2020 has been a challenging year to say the least. Happy Holidays and here's to 2021

Tight Market Conditions Keep Home Sales and Prices at Historical Highs. Canada’s average home price remained at a historical high in November as housing inventory remains at historical lows. The average sale price in the month was $603,000, 13.8% from a year earlier, according to data released by the Canadian Real Es...

How Canada’s Mortgage Lenders Adapted to the ‘New Normal’. The COVID-19 pandemic and the resulting nationwide lockdown forced the country’s mortgage lenderslike many businesses across the countryto adjust their operations in this unprecedented and brave new world of conducting business. They were faced...

New hope for first-time homebuyers? Tenants can now use rent payments to bolster credit reports. It’s a refrain Mortgage Broker News readers will be all too familiar with: Why isn’t my credit score better? I pay my rent every month. How can that not matter?

Hung with care . . . .... #christmas #tree #decoration #weekend #ornaments #tinsel #hotchocolate See more

Latest in Mortgage News: Toronto and Vancouver Home Sales Up 25+% in October. The postponed spring housing market has now extended its run well into fall, with home sales in Toronto and Vancouver up 25% and 29%, respectfully, compared to a year ago. The high demand is continuing to put pressure on prices as well. The avera...

Congratulations to Karina Lucio and Cachito the Bumblee, the winner of this year's Halloween Photo Contest brought to you by Ian Clark Mortgages and Global Pet Foods St. John's.

Bank of Canada Signals Low Rates Until 2023, Unveils Changes to QE Program. Mortgage shoppers take note: Cheap money is here to stay, at least for the next two years, the Bank of Canada reaffirmed during its interest rate decision on Wednesday. The BoC had previously provided guidance that rates would remain at their eff...