Mortgage Broker or The Bank?
When purchasing, refinancing or renewing your mortgage you may find yourself asking where to go. A mortgage broker or the bank? Well here is a list of pros and cons so you can figure out your [...]
CMHC making it easier for self-employed borrowers to qualify
Canada Mortgage and Housing Corp. is making changes so that it’s easier for self-employed borrowers to qualify for a mortgage. Self-employed Canadians are a significant part of our work [...]
Bank of Canada Increases Rates by 0.25%
The Bank of Canada has increased it’s Overnight Rate by 0.25% to 1.5%. This will affect the variable rates and lower term mortgages. The longer term fixed-rate products, that are more [...]
In baby boomers, Buying a home, down payment, First Time Home Buyer, first-time buyers, first-time home buyers, first-time homebuyers, Uncategorized
Posted Gifting Down Payment to Your Kids
Home prices have increased substantially over the last five years, making it difficult for first time home buyers to save a down payment. Meanwhile, baby boomers are at a time in their lives [...]
Mortgage Market Update – 2018 Q1 – Kitchener Waterloo
2017 was an interesting year. We saw the introduction of new mortgage qualifying rules, tighter underwriting, rising mortgage rates, and the rapid increase in home prices, spurring both [...]
