Since the announcement of Canada’s new mortgage rules in June of 2022, it has become much tougher to qualify for a mortgage. The new rules, which include a stress test for all borrowers and a cap on how much Canadians can borrow against their home equity, have made it more difficult for people to get …
Canada’s new mortgage rules making it tougher to qualify Read More »
Types of mortgages Mortgage Types – When it comes to mortgages there are a few key things to know. The first is the difference between a closed and open mortgage. With a closed mortgage you are locked into the interest rate for the entire term of the mortgage, while with an open mortgage you can …
Everything You Wanted to Know About MORTGAGE TYPES Read More »
Why use a mortgage broker? A mortgage broker is a professional who helps people get mortgages. People use mortgage brokers because they can get better deals on mortgages than they could if they applied for a mortgage themselves. Mortgage brokers have access to many different lenders, and they can help people find the best mortgage …
Find out how to get the best rate on your home equity line of credit Canada! Read More »
The Canadian housing market slowdown is a real thing – May 2022 There’s no doubt the Canadian housing market is slowing down. Prices are still high, but they’re not increasing as quickly as they were a few years ago. And this slowdown is likely to continue in the coming years. The main reason for this …
The Truth About CANADIAN HOUSING MARKET SLOWDOWN In 3 Minutes Read More »
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