You’re approved! Congratulations, you are on your way to owning a new home, or perhaps refinancing your current home. While for some people getting approved for a mortgage is the hardest part of purchasing a new home, for others the hardest part is actually once...Read More
Recently we have seen talk from all levels of government about the housing market. There is a consensus that the market may be a looming liability for the Canadian economy, and without a doubt it is a topic of conversation and concern for the average...Read More
The Biggest Change: First Time Home-Buyers will Qualify for Less Buyers with less than 20% down payment will qualify for 20% less financing. Previously a client could be qualified on the actual fixed mortgage rate they chose as long as that term was for 5...Read More
Thanks to Pino Decina at HomeTrust for his post on Self-Employed Mortgage Applicants. The Canadian workforce is expected to undergo a revolution in the coming years and it is anticipated this will result in more workers being categorized as “self-employed”. Whether operating a small business...Read More
People refinance their mortgages for a number of different reasons, and it can be a great way to help with your financial goals. Whether it is to consolidate debt, get a better interest rate, or take out equity from your home, knowing when to refinance...Read More