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Category: Industry Trends (13 posts)

  • October 19, 2017 @ 6:00 PM
  • Posted by Sarah Collins

Purchase or refinance now before rules change in January, 2018

Purchase or refinance now before rules change in January If you’re looking to buy and will have more than 20 percent down, or if you are considering refinancing, then you might want to do so be

  • April 27, 2017 @ 10:32 AM
  • Posted by Sarah Collins

Less mortgage. Higher rate. What gives?

Less mortgage. Higher rate. What gives? Think that mortgage rates are suddenly very confusing? It’s not your imagination. New Canadian mortgage rules have changed the way lenders operate in Can

  • February 1, 2017 @ 10:59 AM
  • Posted by

Why Mortgage Before March 17,2017?

  Why Mortgage Before March 17? If you’re in the market for an insured mortgage, then you might want to get that mortgage before March 17. Canada Mortgage and Housing Corporation (CMHC)

  • October 4, 2016 @ 8:23 AM
  • Posted by

BREAKING NEWS: This is a BIG change for anyone qualifying for a mortgage

The Minister of Finance announced a new mortgage rule that will be starting on Oct. 17, 2016.  Borrowers who take out insured mortgages that are fixed-rate loans of 5 years or longer, will now b

  • July 19, 2016 @ 10:21 PM
  • Posted by

Getting your home in 5 easy steps

Getting your home in 5 easy steps Meet with your Mortgage Broker This important first step is where I get to know you, not just your plans for your new home, but also your goals for the future.

  • July 12, 2016 @ 7:52 AM
  • Posted by

Opening doors, not building walls

Opening doors, not building walls   We like to open doors… not build walls. If you’re self-employed, you may have already experienced “the wall”.  There are new

  • June 1, 2016 @ 8:25 AM
  • Posted by

Going through a separation or divorce? Your home can be the asset that gives both partners a fresh start.

Going through a separation or divorce? Your home can be the asset that gives both partners a fresh start. If you have a final separation agreement, then talk to your mortgage broker about how the va

  • May 24, 2016 @ 7:30 AM
  • Posted by

Buy and renovate for the perfect abode with a mortgage for fixer uppers

Many homebuyers looking at older properties find themselves in a common predicament: they’ve found a property that suits them, but it needs some costly and immediate upgrades.  Many buyers

  • April 3, 2016 @ 9:43 AM
  • Posted by

Love that low loonie: your U.S. home is a piggy bank in 2016

Love that low loonie: your U.S. home is a piggy bank in 2016 There’s a silver lining to the low loonie this year if you happen to own a home south of the border. A few years ago, a wave of smar

  • January 20, 2016 @ 2:53 PM
  • Posted by

Bank of Canada Holds Key Rate Steady

Bank of Canada Holds Key Rate Steady   The Bank of Canada announced today that it is holding the benchmark rate steady for the fourth straight time, noting that “prices for oil and other

  • January 6, 2016 @ 8:23 AM
  • Posted by

House over $500,000? New downpayment rules in February.

House over $500,000? New downpayment rules in February.   On February 15, 2016, minimum downpayment rules are changing in Canada – for homes worth more than $500,000. The change is straig

  • August 28, 2015 @ 1:02 PM
  • Posted by

Fixed or Variable-Rate Mortgage?

Fixed or Variable-Rate Mortgage?   “Wow!” look at the mortgage rate those guys are advertising! Your worries are over, you’re thinking. Just lock in a rate like that for the n

  • September 30, 2014 @ 7:24 PM
  • Posted by

Housing Statistics and Data

  CMHC annual reports and monthly updates contain current and historical data on housing in Canada — new construction, new home prices and sales, rental statistics and the demographics o