• Understanding Mortgages-1

Basic video explaining to new policy changes of Oct 17 & Nov 30 , 2016

  • Disaster-recovery-plan-FB

NEW Mortgage Rules mean BIG changes

By now you will have seen the details of the significant changes to the mortgage market announced by the Finance Minister but how will they impact the market? In a nutshell – it will be big. The changes fundamentally impact the demand side of the supply/demand relationship. Over that past 7 years, market demand at the entry and mid level […]

Home Buying Costs You Need to Know About

  Once you have figured out how much you can qualify for, the next step is to truly understand the costs involved in purchasing a property.  No secret here, buying a property is expensive and requires you to come up with a significant amount of money just to execute the transaction. Some of the main costs include: Coming up […]
  • Bank of Canada Logo (2)

Bank of Canada Rate Announcement Sept 9th, 2015

No rate changes today! The Bank of Canada announced today that it will be maintaining it’s target for the overnight rate at 3/4 per cent while the deposit rate will remain at 1/4 per cent. This news comes as no real surprise. According to a recent Reuters […]
  • secondary_suite_2

Have You Considered Purchasing a Property with a Secondary Suite?

The Canadian Mortgage and Housing Corporation (CMHC) recently announced that in order to facilitate affordable housing choices for Canadians, it would be making some policy revisions to how they consider income derived from secondary suites. Considering the last 4 years have been nothing but tightening of rules; making it […]