I’m deeply passionate about helping prospective homeowners secure the mortgages they deserve with competitive rates, no-nonsense terms and conditions, and a well-informed, well-connected ear to aid in any of their queries. However, I’m a homeowner myself and, speaking from experience, having a happy home is just as important! Long story short, the dust bunnies aren’t […]
If you have both a mortgage and a chunk of high-interest debt, borrowing against your equity in the form of refinancing is one option to tackle the latter. Of course, it goes without saying that this option isn’t for everyone – it all depends on your income, financial security and stability. During a strange economic, […]
To make sure you’re not wasting time or money on areas that won’t benefit your bottom line once you sell, here are a few upgrades to focus on that will boost the value of your home.
Saving for a down payment can be challenging. A new CMHC first time home buyers down payment loan, to assist towards your down payment, is launching soon. Learn more about the new CMHC down payment loan here. CMHC Down Payment Loan The loan program will begin in September for mortgages closing November […]
This past Monday, the government shared the details of the new CMHC first time home buyer incentive. The incentive can help home buyers towards the down payment up to 10% of the price of a home. CMHC First Time Home Buyer Incentive If certain criteria is met, CMHC can contribute up to 10% […]
The CEO of CMHC (Canadian Mortgage and Housing Corporation) strongly defends the mortgage stress test. This comes at a time when there are calls for the stress test to be changed. The CEO feels that the stress test is, “doing what it is suppose to do”. The CEO said that they need to “look past […]
The Office of the Superintendent of Financial Institutions (OSFI) released new guidelines for the mortgage industry this past Tuesday. The new rules will come into effect January 1st, 2018. Learn more here about the new mortgage rules and how they will affect you. What are the new mortgage rules? The new mortgage rules […]
