Hello folks! Today we are delivering you our Fast Five for this month–the top 5 things happening in the mortgage world right now that you need to know about. Let’s dive in, shall we? 1. CMHC changes Guidelines for Insured Mortgages (those putting less than...
2017 was a year of change for the Canadian Mortgage Market. With the announcement of the B-20 guideline changes requiring all insured or uninsured mortgages to undergo stress testing. In addition, the removal of mortgage bundling and the continued rate rises from the...
Fixed or Variable rates? Which one is right for me? There are many factors to consider and it isn’t a simple question to answer. Our clients need to understand how they work-and we are going to show you! First, let’s start with the basics. Fixed vs....
Ever wonder how mortgage rates work? What factors make it jump from percentage to percentage? We are getting down to the nitty-gritty today and giving you the facts on what impacts mortgage rates! What affects a Mortgage Rate? There are 10 factors...
So you have saved, and saved and you are finally ready to start house hunting…but before you do, there are a few things that you should be looking into BEFORE you start buying. Namely, your Mortgage options. Did you know that there are multiple different...
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