November 30th, 2016
Latest statistics indicate that Canadians are currently carrying over $450 BILLION in consumer debt! Mortgage Brokers are often called in to help refinance someone’s home in order to repay credit card debts. … [read more]
November 29th, 2016
Good Afternoon, I was reading through the Mortgage Broker News Real and came across this piece below, which confirms, what I have been saying for years. How are our grandchildren, … [read more]
November 29th, 2016
The fast pace of buying and selling real estate is daunting. Throw in trying to manage closing dates, possession dates and access to the proceeds for the purchase and you … [read more]
November 28th, 2016
Your maximum mortgage amount is determined by your credit profile, your usable income (which is determined by each lender), your down payment among other requirements. Not all applicants fit into … [read more]
November 24th, 2016
Now a days with the amount of information that is shared on the Internet and social media, identity theft and Ponzi schemes are happening regularly. Homeowners are taking the necessary … [read more]
November 21st, 2016
Last week we touched on TD’s 0.15% move with existing variable rate mortgage clients. There is nothing new to add as TD remains the only lender to make such a … [read more]
November 18th, 2016
I want to share with you a story. Below is the story of John, and if you ever want to own a home, you need to read his story. John … [read more]
November 17th, 2016
I had a client, who at 84 years old sold his home in order to purchase a home closer to his daughter and her teenage son. Although most people prefer … [read more]
November 15th, 2016
It is forever in discussion in the Lower Mainland – is a former grow-op home a good investment? Prices are often much lower than similar properties so at first glance … [read more]
November 9th, 2016
When bad things happen to good people sometimes the reality is they just can’t keep up with their mortgage payments. While Canadian mortgage defaults are amongst the lowest in the … [read more]
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