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Mortgage Blog

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2021 Mortgage Stress Test - Latest Updates

2021 Mortgage Stress Test - Latest Updates

April 21, 2021 | Posted by: Mike Jones

On April 8th, the Office of the Superintendent of Financial Institutions (OSFI) announced that it is relaunching its consultation on the minimum qualifying interest rate for uninsured mortgages. Usual ...

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Things To Look Out For When Viewing A Property

Things To Look Out For When Viewing A Property

April 21, 2021 | Posted by: Mike Jones

Becoming a homeowner can be quite an exciting experience; however, house hunting is not a process without challenges. Depending on your personal preferences, needs, and budget, you need to carefully ...

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April 21-2021 - Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, adjusts quantitative easing program

April 21-2021 - Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, adjusts quantitative easing program

April 21, 2021 | Posted by: Mike Jones

Available as: PDF The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The ...

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April 2021-Bank of Canada Releases Results from Consultations on Inflation and Monetary Policy

April 2021-Bank of Canada Releases Results from Consultations on Inflation and Monetary Policy

April 12, 2021 | Posted by: Mike Jones

The below details are what has been reported by the Bank of Canada Website Over the past two years, we spoke with thousands of Canadians about their views on the economy, inflation and what the Bank ...

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Buying A Home As A Senior Citizen | ON

Buying A Home As A Senior Citizen | ON

April 7, 2021 | Posted by: Mike Jones

Buying a home is for everyone — or those who can afford to pay for their mortgage. Albeit you're 60 or 70 years old, it's possible and beneficial to own a home so long as you have the financial mean ...

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Top 10 Considerations When Moving to a New Area

Top 10 Considerations When Moving to a New Area

March 24, 2021 | Posted by: Mike Jones

Peak Moving Season being just around the corner, most movers and other professionals in the industry will tend to encourage moving during the offseason. No matter where you are moving to, here are som ...

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Multi-Family Lending: What You Need To Know About Hard Money Loans

Multi-Family Lending: What You Need To Know About Hard Money Loans

March 8, 2021 | Posted by: Mike Jones

Multi-Family Lending: What You Need To Know About Hard Money Loans Multi-family real estate is one of the most popular investments for both newbie and seasoned investors. Buyers in the past used trad ...

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Why Borrowers May Choose a Private Mortgage

Why Borrowers May Choose a Private Mortgage

February 25, 2021 | Posted by: Mike Jones

Why Borrowers May Choose a Private Mortgage When most people want to buy a home, they get a list of local banks and mortgage companies to start comparing the available financing options. However, the ...

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How to Handle a Mortgage After a Separation or Divorce

How to Handle a Mortgage After a Separation or Divorce

February 10, 2021 | Posted by: Mike Jones

Mortgage Life After Separation and Divorce Separation and divorce present many challenges. It's a situation you likely never thought you'd never be in, but now there are personal and financial conseq ...

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How Good vs Bad Debt Impacts Your Household

How Good vs Bad Debt Impacts Your Household

January 27, 2021 | Posted by: Mike Jones

In order to understand the difference between good and bad debt, it's important to track your income and expenses and established saving goals for your family. Financial stability allows you to mee ...

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