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My Mortgage Blog — Latest Posts
A TIME FOR GREAT CHANGE
As you know, the mortgage rules are changing once again, effective January 1, 2018. The introduction of the minimum qualifying rate (stress test), this time for uninsured buyers, may be the toughest...
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Do you know all the costs of buying a home?
Before you take possession of your new home, you need to consider any and all additional costs of obtaining your mortgage - closing costs.. Home inspection...
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Canada set to grow in different ways
The Canadian economy is poised to grow again, but in a very different way according to the Bank of Canada’s (BoC) recently-released Monetary Policy Report. The BoC expects global economic growth to...
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Millennials need help with home ownership
Recent reports from two of Canada’s major banks – CIBC and ScotiaBank – offer a glimpse into the world of millennials and home ownership as well as the impact of the Internet on mortgage...
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