[vc_row][vc_column width=”1/1″]Short Version: The most important question a home-seller must ask their Broker or their banker this spring: ‘Do I QUALIFY to port my mortgage?’ You must re-qualify to port your mortgage to a new property,...
[vc_row][vc_column width=”1/1″]Upcoming changes to mortgage lending guidelines, the rules of borrowing, take effect Jan. 1, 2018 and while there’s been a fair bit of press coverage on this, there is also a fair bit of confusion. What is NOT...
[vc_row][vc_column width=”1/1″]What about this recent Bank of Canada interest rate increase? Short Version I am not locking in myself I am staying variable For a variety of reasons Long Version If your discount from Prime (now...
[vc_row][vc_column width=”1/1″]New mortgage rules are headed our way this fall, and they will affect you. Short Version: As of this fall (no specific date set yet) you will qualify for 25% less mortgage money than you do today. Long Version:...
[vc_row][vc_column width=”1/1″]The average person if stopped on the street and asked; Are today’s low interest rates driving up house prices? Would likely say ‘yes’. They would be wrong. And we can let their lack of understanding pass,...
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