Articles

Posted On Oct 12, 2023

UPDATED Sept 17 , 2024 Federal government raises insured mortgage cap to $1.5M, expands 30-year amortizations - Mortgage Rates & Mortgage Broker News in Canada (canadianmortgagetrends.com)Preparing for your mortgage renewal: Tips to ease the stress...

Blog 10 - CMHC Partial Premium Refund

Posted On Oct 12, 2023

Here is some general information from a webinar that I attended: CMHC Eco PlusApply for a 25% partial premium refund if you’re CMHC insured and buying or building an energy efficient home.As of June 20, 2022, CMHC’s Green Home program is CMHCÂ...

Blog 9 - Is Your Mortgage Portable?

Posted On Sep 25, 2023

 Selling your current home and moving into a new one can be stressful enough, let alone worrying about your current mortgage and whether you’re able to carry it over to your new home.Porting enables you to move to another property without having...

Blog 8 Variable or Fixed Rate?

Posted On Sep 12, 2023

The decision to choose a fixed or variable rate is not always an easy one. It should depend on yourtolerance for risk as well as your ability to withstand increases in mortgage payments. You cansometimes expect a financial reward for going with the...

Blog 7 - Pre Approval Advantages

Posted On Aug 09, 2023

As the experts sound the alarm on potential further mortgage rate increases in the coming months, many homebuyers are feeling the pressure to act quickly and secure their dream homes before the rates increase.An option gaining attention is the ...

Blog 6 - Using Home Equity to Your Advantage

Posted On Aug 02, 2023

 Canadians purchase homes for a variety of reasons. Some want the stability of owning their own home, while others also look at home ownership as an investment vehicle. No matter what the reason, the truth is that home ownership has proven itself to...