Owning a home is considered to be a rite of passage for many Canadians. It symbolizes independence. You set the rules, make the decisions, take financial responsibility and invest in your future.   Renting doesn’t give you much control over the property. You are under the landlord’s mercy when it comes to following rules written […]

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Here are some important questions that we recommend asking a mortgage lender 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 […]

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The decision has been made by the Office of Superintendent of Financial Institutions (OSFI) to proceed with the mortgage rules they proposed earlier this summer. OSFI is an independent agency of the Government of Canada that reports to the Minister of Finance. It was created to contribute to public confidence in the Canadian financial system. OSFI is the sole regulator of […]

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Spring has sprung and sunny days have begun. This time of year marks the start of the busy home buying season. If you are a potential home buyer looking to purchase a new home this spring, keep in mind it’s not just about finding the perfect property. It’s also about finding the perfect mortgage that […]

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Once you’ve applied for a mortgage pre-approval, don’t make any major changes or significant purchases without speaking to your mortgage specialist first. Your mortgage pre-approval is based on your current job, credit, savings, and expenses. Changing any one of these factors could affect or even void a mortgage pre-approval.   Are you thinking of buying […]

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