Consumers have a new source of useful information about the mortgage process and how brokers are regulated. The mortgage broker Regulators' Council of Canada has produced some new guides to help borrowers better understand how arranging a mortgage works. The two guides, Working with a mortgage broker and Know Your Mortgage Risks and Responsibilities, are freely available on the MBRCC website and can be printed out by mortgage brokers to make available to clients.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

More market watch: