National Mortgage broker conference -B20
MORTGAGE STRESS TEST ADDRESSED AT THE CONFERENCE On Monday Oct 29 2018, CMHC addressed a few questions regarding the regulatory changes in the mortgage industry at the National Mortgage Broker conference The mediator for this seminar [...]
Canada’s Housing Market: Slow and Steady Wins the Race
Canada’s Housing Market: Slow and Steady Wins the Race Following the federal government’s latest mortgage requirements, the Canadian housing market has seen a dramatic downturn in sales. Over the past few months, cities such as [...]
Is it Possible to Get a Mortgage With Bad Credit?
Is it Possible to Get a Mortgage With Bad Credit? Throughout life, most people run into a time where money gets tight. Maybe someone gets sick or experiences a job loss, or a reduction in [...]
How have the new mortgage rules impacted the price of homes throughout Canada?
How Have the New Mortgage Rules Impacted the Price of Homes throughout Canada? The last few years have brought great change to the Canadian housing market, primarily due to the most recently implemented mortgage rules [...]
New mortgage for landed immigrants
Home Ownership for landed immigrants in the past, you would have needed 35% downpayment for a mortgage. Now there is a special program for landed immigrant, you can now purchase your new home with as [...]
Your mortgage is about to get more expensive
The Bank of Canada raised its benchmark interest rate to 1.25 per cent Wednesday and signaled that, barring certain risks, more hikes are likely in the rest of the year. That’s creating an unusual situation for [...]