The federal government is considering a return of the 30-year amortization for insured mortgages, up from the 25-year limit now. This is great news for millennial first-time buyers who are [...]
On Wednesday October 24th the Bank of Canada increased it’s benchmark interest rate to 1.75%. This will affect those who have variable mortgages as most lenders have increased their prime [...]
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 [...]
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 [...]
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 [...]
