When the mortgage rules changed for insured mortgages (those with less than 20% down) in October of 2016, the most constant question I had was, “How do I qualify for more?”. Borrowing power for those [...]

The new rule changes for mortgages set out by the federal government beginning January, 2018 will effect anyone with an “uninsured mortgage”. This means any mortgage in which a person is not paying mortgage default [...]

Pay off any outstanding collections. These are debts that haven’t been paid that were sent to a third-party collection agency for them to collect payment on behalf of the creditor. Many companies (not just credit [...]

It's a common held belief that if you've made your mortgage payments on time throughout the entirety of your mortgage term, that your lender is somehow obligated to renew your mortgage. This is simply not the case. [...]

This morning, Finance Minister Bill Morneau announced new housing measures, changes meant to alleviate risk in Canada's current housing market. The measures include: Standardizing lending criteria for high- and low-ratio mortgages, including a mortgage stress [...]

No doubt about it, buying a home is an emotional experience.  It's a game of balancing needs and wants, while trying to be honest with yourself about those very needs and wants. It's hard to [...]

Before reading this you should be warned that the following content is pretty dry... like eating 8 saltine crackers without drinking water dry. If you need to go and get something to drink before proceeding, no worries, [...]

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per [...]