Canadian Mortgage Stress Test to Become More Lenient
Canadian Mortgage Stress Test to Become More Lenient For the first time since the federal government implemented the new stress test rules on Canadian home loans, the standards have…
What Major Canadian Cities can Expect from the Real Estate Market in 2019
What Major Canadian Cities can Expect from the Real Estate Market in 2019 With the new year upon us, many are wondering what the real estate market will…
Canadian Spring Real Estate Market Shows Promise for 2017
Spring is a unique season in real estate terms. It’s the time of year when we see the most activity, with “For Sale” signs dotting nearly every neighborhood, and open…
New Immigrants – Buying your first home.
GETTING PRE-APPROVED BEFORE SHOPPING It’s a good idea to sit down with your mortgage broker/ specialist to discuss your needs and get mortgage pre-approval. Pre-approval means that your lender commits to…
Renewing and Renegotiating Your Mortgage
Overview When you bought your home, you probably signed a mortgage agreement that remains in effect for a certain period, called the term. When your mortgage term comes to an…
Paying Off Your Mortgage Faster
Ways to pay off your mortgage faster 1. Increase the amount of your payments One of the ways to pay off your mortgage faster is to increase the amount of…
How to become mortgage-free fast
Buying a home and acquiring a mortgage is probably the biggest financial decision most Canadians will make in their lifetimes. According to a poll conducted by Scotiabank this month, 81…
An iPhone App for the Canadian Mortgage Industry – Sky Financial Corporation.
Sky Financial Corporation has recently released one of the best iPhone Apps for the Canadian Mortgage Industry. Features - Mortgage Calculator, News, Mortgage Rates, Quick Application Form, Office Locator &…
Interest rate decrease
Some Financial Institution will be decreasing their interest rate as early as August 25 2011