CMHC’s new restrictions and comments from Evan Siddall are doing more bad than good
CMHC recently changed its underwriting policy to make mortgage approvals more difficult for buyers, primary first home buyers. In addition to this, the outgoing chairman (chairperson) made [...]
Lender Contact Information (a-z)
Lender Contact Information (a-z) & Lender COVID Website Bank of Montreal 1-877-895-3278 Website Canadiana 1-877-315-1633 CIBC 1-800-465-2422 Website CMLS Financial 1-888-995-2657 [...]
Mortgage Payment Deferrals
All About Mortgage Payment Deferrals Q: What Does Payment Deferral Mean? A) You don’t have to pay your mortgage payment. Please note that payment deferrals are on a case-by-case basis and [...]
New Government Financing Programs
Federal Support | BC Provincial Support More: In addition to helping homeowners manage their finances through deferred mortgage payments and adjustments, the Canadian [...]
The Bond Yield that affects fixed-rate mortgages and is dropping!
While on top of a mountain mid-hike, I wanted to share information on the current Bond Yield that affects fixed-rate mortgages and that it is dropping.
The current misleading bank or credit union “cash-back” offer…
Banks and credit unions are currently offering $1,500 for you to move your mortgage over to them at renewal. Why do you ask? Because when the next renewal (with them) comes up, you will have to [...]
Use metrics to figure out as much as you can!
Use metrics when possible, there are amazing calculators out there to access online or they are creatable on spreadsheets with some learning. If the calculator you require is real estate [...]
Are you using Mint.com for your personal finances? If not, you certainly should be!
Hi friends! Are you using Mint.com for your personal finances? If not, you certainly should be! Check out the video and try out the program, it is free!
Super-low INSURED mortgage rates for those who completed a mortgage before November 2016!
Did you complete a mortgage before November 2016? If so and your mortgage is up for renewal in 2020 “before” November, you have access to some pretty awesome rates! Call 604 628 5040 [...]