Archive for the ‘Mortgage industry events’ Category

Read latest mortgage news and updates from best industry resources.

Avoid the New Mortgage Stress Test – Take Action Today

November 15th, 2017Mortgage industry eventsComments Off on Avoid the New Mortgage Stress Test – Take Action Today

Come 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. With regards to change, the government will start implementing the new mortgage stress test rules on January, 1st next year. While many people are aware […]

Read More

Mortgage Qualifying Regulations are Tightened by the Canadian Banking Regulator

November 7th, 2017Mortgage industry eventsComments Off on Mortgage Qualifying Regulations are Tightened by the Canadian Banking Regulator

Earlier 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 the ever-growing list of changes meant to regulate the Canadian housing market. OSFI, The Office of the Superintendent of Financial Institutions, outlined the guidelines to […]

Read More

What Percentage of Prospective Home Buyers Will Realistically Be Able to Purchase a home with the New Mortgage Stress Test That Will Take Effect in January 1st 2018What Percentage of Prospective Home Buyers Will Realistically Be Able to Purchase a home with the New Mortgage Stress Test That Will Take Effect in January 1st 2018

November 6th, 2017Mortgage industry eventsComments Off on What Percentage of Prospective Home Buyers Will Realistically Be Able to Purchase a home with the New Mortgage Stress Test That Will Take Effect in January 1st 2018What Percentage of Prospective Home Buyers Will Realistically Be Able to Purchase a home with the New Mortgage Stress Test That Will Take Effect in January 1st 2018

On 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 down payments. As of now, only those with mortgages with lower down payments and less than five-year terms are required to pass the stress test. […]

Read More

Deciphering Mortgage Terms: What Information to Consider Before Borrowing & Where to Go to Find It

September 29th, 2017Mortgage industry events, MortgagesComments Off on Deciphering Mortgage Terms: What Information to Consider Before Borrowing & Where to Go to Find It

When 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 the road and life events that will affect a home borrower’s goals. Yet, taking an educated guess and setting goals for a mortgage is an […]

Read More

First time home buyer benefits

July 1st, 2016Mortgage industry eventsComments Off on First time home buyer benefits

If you are a first time home buyer then you should make it your business to know all about the wide array of benefits you are eligible for in Canada. You will be thrilled to know that there are multiple government programs designed to make the purchase of your first home much easier as you […]

Read More

Good neighbors and Bad neighbors

May 31st, 2016Mortgage industry eventsComments Off on Good neighbors and Bad neighbors

So you have decided to move. You’ve found your dream house, in your dream area, and you are excited about your new life. But there is one problem: the neighbors are awful. They can be loud at night, they complain about everything, and are constantly putting you in a bad mood. Here is a guide […]

Tags:

Read More

Best Mortgage Montreal Is Making News!

December 2nd, 2015Mortgage industry eventsComments Off on Best Mortgage Montreal Is Making News!

We’d like to share our joy and pride at a recent publication that our company made in one of Montreal’s prestigious magazines, Top Agent. It is an elite publication of the Real Estate Industry. It features the best real estate agents in all of Europe and North America. Being mentioned in it is a great […]

Tags:

Read More

Back to the Chopping Block – More Mortgage Rules Ahead

June 1st, 2015Mortgage industry eventsComments Off on Back to the Chopping Block – More Mortgage Rules Ahead

This summer we are going to see yet another set of mortgage rules hit the market, making our lives a little bit more ‘interesting’. CMHC published a notice that gave us the implementation dates of three new policies that are going into OSFI’s guideline. Even though we knew that they had something in the making […]

Read More

Keeping up to date with Mortgage Trends: the importance of the 2014 CAAMP Mortgage Conference

December 1st, 2014Mortgage industry eventsComments Off on Keeping up to date with Mortgage Trends: the importance of the 2014 CAAMP Mortgage Conference

Four of the most important qualities to look for in your mortgage broker are that they: Keep themselves informed of the most up-to-date deals and rates in the mortgage industry; Develop a widespread network of bankers, credit unions, trust funds, private investors and other sources of mortgage funding to offer to their clients; Follow the […]

Read More