Think you are safe because you want to place more than 20 percent as down payment for your mortgage? You really are not; since you will have to take a...
Read moreWhile the Central Bank warned that the effort to mitigate risky borrowing may take time, it is optimistic that strict regulatory efforts and increased mortgage interest rates will be a...
Read moreAccording to the leading experts in the mortgage industry, the proposed ‘Stress’ rules—that are meant to control the risk associated with mortgage loans in real estate today—are likely to make...
Read moreCome to think of it, what is the only constant thing in the real estate industry? Change, yes change is among the common things you will encounter in this industry....
Read moreThe new rules about to be implemented by the Office of the Superintendent of Financial Institutions (OSFI) are aimed at subjecting the uninsured mortgage borrowers in the country to stress...
Read moreMany of the leading financial advisers will tell you that it is important to carry out a financial check-up every year, but why? As time goes by, many things are...
Read moreEarlier this month, the banking regulator in Canada released the new regulations that will make it more difficult for potential borrowers to apply for uninsured mortgages. This only adds to...
Read moreOn Tuesday October 17th, Canada’s banking regulator introduced new rules regarding the requirement for all homeowners to undergo a mortgage stress test. This applies to all even those with larger...
Read moreWhen it comes to finding a great mortgage rate, it's easy to think that the lowest figure should win. After all, paying a lower interest rate should mean saving money,...
Read moreWhen it comes to choosing a mortgage, it is important to recognize that the future cannot be fully understood until it arrives. There is likely going to be bumps in...
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