As  you have no doubt heard, CMHC recently updated its qualifying guidelines for default insured mortgages. The news caused quite a stir in the mortgage and real estate markets, with panicked [...]

Today feels like a good day to throw the paper in the trash, but here’s some stuff you should know. No matter what’s going on in the world, we’re here to help find the best [...]

We made an statement in another post acknowledging the seriousness of the COVID-19 situation, and a commitment to stick to what we know (mortgages) and what’s relevant (how it affects [...]

Before we get into any of the mortgage news (and there is a lot of it) we want to take a moment and assure you that lenders, insurers (like CMHC), and policy makers are all working hard to sure [...]

The last thing you want to do when the weather turns nice is clean, right? You want to be outside barbecuing, soaking up the sun, and enjoying the warmth after a long, cold winter. That’s why [...]

No other way to say it, really. The last few weeks, and the last few days in particular, spell very good news for Canadian borrowers and home buyers! Bank of Canada Rate Announcement Today the [...]

We all know THAT neighbour. They leave their bins out all week, their flower beds have more weeds than flowers, or they throw wild house parties more than just occasionally. Not only is blaring [...]

It FINALLY happened! The federal government has modified the stress test. Previously, the interest rate used to qualify for a mortgage was set by the Bank of Canada by taking the average of the [...]

1. Have you explored all your options? Once you receive your mortgage renewal statement, there’s nothing easier than simply signing on for another term. But while this may make sense in many [...]