Mortgage Renewal Rule Updates
As Canadian homeowners gear up to renew their mortgages in the coming year, recent renewal updates outlined in the Liberals’ fall economic statement could offer […]
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What is Mortgage Default Insurance?
Why do most lenders require mortgage default insurance for home buyers purchasing homes with less than a twenty percent down payment? Canadian banks and most […]
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Home Buyers’ Plan for First-Time Home Buyers
Saving for a down payment is a challenge for many first-time home buyers. It can be the only hurdle standing in the way of homeownership. […]
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Proposed Mortgage Changes
New proposed mortgage changes may affect how much a person can qualify for in the near future. Find out if the new proposed rules will […]
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Top 2022 Mortgage Headlines
As a homeowner with a mortgage, staying updated on mortgage headlines is essential. I want to share with you a few of the top Canadian […]
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Stricter Mortgage Rules on Rental Properties
Are you thinking about buying a rental property? Canadians may be facing stricter mortgage rules geared towards investment properties. Learn how these proposed rules could […]
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June 1, 2021: New Mortgage Stress Test
It came as a surprise yesterday to hear that the minimum qualifying rate for ALL (insured & uninsured) mortgages will increase on June 1st. The […]
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GDS and TDS Calculations
Learn how mortgage lenders calculate your debt service ratios, GDS and TDS. You need to know these two basic calculations so you can crunch the numbers […]
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