The Liberal government announced legislation for a new Canada Mortgage and Housing Corporation (CMHC) First-Time Home Buyers Incentive Plan. It’s a shared equity mortgage program that would give eligible first-time home buyers the ability to lower their borrowing costs by sharing the cost of buying a home with CMHC. If the legislation passes, it will […]
The next time you’re looking for a mortgage for that new house or you’re up for renewal on your existing mortgage, think about using a mortgage broker. Their services are free and they offer you an abundance of choices the banks simply can’t compete with. Mortgage brokers have access to a vast array of lenders […]
Here are some important questions that we recommend asking a mortgage broker before shopping for a new home. They will help find a lender that’s best suited for you and your unique needs. What are your qualifications as a mortgage lender? Ask your mortgage lender how long they have been doing mortgages for. The more […]