What is the qualifying rate? As you probably know, there have been many mortgage rule changes over the last few years. Chances are, these rule changes affect you, whether you’re an existing homeowner or first-time home buyer. One of the things that has been talked about a lot is the mortgage qualifying rate. You need… Read more Mortgage qualifying rate – what is it?
New mortgage rules for the new year New mortgage rules came into effect January 1, which make it trickier for many Canadians to negotiate a mortgage. But with a little expert advice, we can help ensure you have a happy new year that keeps you on the path to prosperity for the coming year and… Read more Ten essential mortgage tips for 2018
Purchase or refinance now before rules change If you’re looking to buy and will have more than 20 percent down, or if you are considering refinancing, then you might want to do so before January 1, 2018. Why? On October 17, the Office of the Superintendent of Financial Institutions (OSFI) released new guidelines for residential… Read more Mortgage stress test rules change January 1st
