The Office of the Superintendent of Financial Institutions (OSFI) is now setting new rules for mortgage lending, which come into effect January 1, 2018.
What this means is that there will be a new... Read More
After all the wedding planning, it may seem overwhelming to focus on purchasing a home. However, you can simplify this by planning a budget that will allow the process to go smoothly. Here are... Read More
In the past, people looking to buy property would rely solely on banks for their mortgage needs. However, it is now possible to work with a licensed mortgage broker who has access to multiple lenders... Read More
Did you know you can combine all your high-interest credit cards and car loans into a low-rate mortgage? As many of you are aware, consolidation of debt is the most effective way to improve your... Read More
In Canada, there are two credit reporting agencies, Equifax and TransUnion. These agencies create credit reports and credit scores for Canadian Consumers based on the information that creditors... Read More
The decision to choose a fixed or variable rate is not always an easy one. It should depend on your tolerance for risk as well as your ability to withstand increases in mortgage payments. You can... Read More
If you are looking for a new home, be sure you are pre-approved. With a mortgage pre-approval, a licensed mortgage professional can do a more complete verification prior to sending you shopping for a... Read More
Mortgage professionals can protect their clients’ families and their homes through a mortgage life insurance policy.
Mortgage life insurance is simply a life insurance policy on the homeowner... Read More
At some point in their lives, most Canadians have probably asked themselves whether it is better to buy or rent a home. Purchasing a home is one of the biggest decisions most people ever make.... Read More