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More Mortgage Rules Changes

More Mortgage Rules Changes

Just like you, I’m always learning and growing and listening to those that have gone before me. I’ve met some amazing mortgage broker colleagues along the way, and always love to share their knowledge and wisdom to my own readers and followers. Today is no...
More Mortgage Rules Changes

Home Sales on the Rise?(!)

While home sales rose for first time since March, and the sales of existing homes rebounded in September the numbers are still down from last year and the group representing the country’s nearly 100,000 real estate agents is finding it hard to gather much enthusiasm...
More Mortgage Rules Changes

The Deadline is Approaching

July 9th it all changes!  These changes were announced late in June, and now the time is near! Here’s a brief rundown of the changes … Reducing the maximum amortization period to 25 years from 30 years Reducing the maximum amount of equity homeowners can...
More Mortgage Rules Changes

CMHC Backing Fewer Loans

You may have seen by now that the … CMHC (is) backing fewer loans The Financial Post reports: Canada Mortgage and Housing Corp. is cutting back on mortgages it insures as the Crown corporation edges closer to a $600-billion cap imposed on it by the federal...
More Mortgage Rules Changes

Advantage Buyers… in Fraser Valley Housing Market

Statistics have shown that below average home sales, a regular influx of new listings and great mortgage rates continue to give buyers the upper hand in communities south of the Fraser River, including Mission. However, according to the president of the Fraser Valley...