Deal or No Deal: How $1 Could Make All the Difference

Deal or No Deal: How $1 Could Make All the Difference

Helping Clients Find A Down Payment They Can Afford One dollar isn’t that much money in the grand scheme of things, but when it comes to buying a house it can make all the difference. Back in February of 2016, Canadian mortgage rules tightened concerning mortgages over $500,000. The Canada…

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New Mortgage Rules – Are You Prepared for the Boom?

New mortgage rules are changing the Canadian real estate market. While it’s yet to be determined how much the market will change in response to the latest regulations, there is sure to be an impact. The Office of the Superintendent of Financial Institutions announced the new mortgage rules in October…

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Canadian Mortgage Rules – Pushing Homebuyers to Risky Alternatives?

Are desperate homebuyers being pushed into sidestepping Canadian mortgage rules in favour of shadier methods of financing? Some Canadians may be having a harder time buying a home due to the change in mortgage rules last year. Now that the Bank of Canada has raised the overnight rate, and new…

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