Who, What, When & Why? Short version; Who? – This impacts new buyers with less than 20% down payment who are purchasing properties below $1,000,000.00 What? – Three changes; No more borrowing a down payment (gifted down payment remains OK)New minimum...
[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″] The image is of an actual flight leaving without me July 14, 2017. Despite being given 90min extra due to a delay…I missed it! A first in 25 years of solo travel. I also missed calling this rate hike accurately. It was...
[vc_row][vc_column width=”1/1″] The case for variable has always been strong, although often a few misconceptions must be addressed to clarify why this is. Economic good news is what pushes interest rates up, not economic bad news. When’s the...
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