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Oct
7
Ottawa- The Globe and Mail Published Mon Oct 3 2016 The Liberal Government has announced sweeping changes aimed at ensuring Canadians aren’t taking on bigger mortgages than they can afford in an era of historically low interest rates. The changes are also meant to address concerns related to foreign buyers who buy and flip Canadian […]
Sep
15
In light of the new market realities and tightening of credit underwriting standards by both lenders and mortgage default insurers as of late, keep in mind that now – more than ever – it’s important to be careful what you do between the time your mortgage is approved and when it funds. A few mortgage […]
Sep
15
Getting a Mortgage Pre-Approval If you are looking for a new home, be sure you are pre-approved. A licensed mortgage professional can do a complete verification prior to sending you shopping for a home, and with that done, the dollar figure you are going shopping with is actually what you can spend. A pre-approval will […]