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Reporters call us when a mortgage story needs someone who works the files every day. This page keeps every piece we have been quoted in, newest first, with the part that matters and the link. Several of these outlets meter their articles, so the quote lives here too.
Should you buy a house in the middle of a trade war?
Financial Post · by Garry Marr · quoted: Neil Drepaul
Garry Marr asked five people whether a trade war changes the decision to buy. Neil was the only mortgage broker among them, and the practical advice in the piece is his: renewing with your current lender does not require requalifying, underwriters may cool on auto and steel workers in the months ahead, and a floating rate still sits about half a point below a five-year fixed.
“You are not going to have to be requalified on a renewal.”
“We are not seeing that yet, but in the months ahead they might look at the auto sector, the steel sector and say this is a risky client.”
Neil Drepaul, in the Financial Post
Based on our Straight Talk Issue No. 5: Lake America is the joke. Your mortgage is the punchline.
One column, published by the Financial Post and carried by the National Post, the Toronto Sun and the Vancouver Sun. Postmedia meters its articles, so the quotes are kept here.
30-year mortgage amortizations available for first-time homebuyers in Canada starting Aug. 1
InsideHalton
Metroland's InsideHalton covered Ottawa's decision to allow 30-year amortizations on insured mortgages for first-time buyers of new builds, effective August 1, 2024, and CMS was among the brokers it turned to for a view on what the change means for buyers.
Distressed housing sales can be a deal for buyers, but you should know the risks
Money.ca · by Sean Cooper
Sean Cooper's guide to buying a distressed property, power-of-sale purchases included, ran on Money.ca and across the Financial Post, National Post and Toronto Sun, with CMS quoted on the financing side of these deals.
Denied a mortgage? These are alternative paths to financing homeownership
CTV News · by Natasha O'Neill
As the 2022 rate hikes pushed more buyers out of the big banks, CTV News looked at the alternatives, from B lenders to private mortgages, and CMS was among the sources it quoted.
Quick answers for reporters
Who speaks for CMS in the media?
Neil Drepaul, Broker and Director at CMS Canadian Mortgage Services. Reporters can reach him at 416-903-5117 or neil@cmsmortgages.ca, and he answers the same day.
Which outlets have quoted CMS Canadian Mortgage Services?
Financial Post, National Post, Toronto Sun, Vancouver Sun, InsideHalton, Money.ca and CTV News. Every piece is listed on this page with its date, the quote and a link to the article.
How do I get a comment from CMS for a story?
Email or call Neil with the angle and the deadline. He can give a plain-language quote, a worked example with real numbers, or a broker's view of a policy change, usually the same day.
CMS Canadian Mortgage Services is a family-run mortgage brokerage in Brampton, Ontario, licensed since 1988 (FSRA #10816), with access to more than 40 lenders. We speak plainly about renewals, refinancing, credit, self-employed and alternative lending, and what policy changes mean at the kitchen table.
Spokesperson: Neil Drepaul, Broker and Director. His bio and headshot are on our team page.
Media inquiries: Neil Drepaul, 416-903-5117 or neil@cmsmortgages.ca. We answer the same day.
Quotes are reproduced from the published articles. Headlines and links belong to the outlets that published them.