Sep 14, 2022 | Interest Rates, Mortgage, Mortgage Broker
Where are Inflation & Interest Rates headed? *Why are Interest rates going up in 2022? Anyone who isn’t living under a rock has heard about the rising interest rates lately. It’s a hot topic & most are anxiously wondering what the Bank of...
Jan 10, 2022 | Uncategorized
It may be the shock of the pandemic, or the rush of the holiday season but debt incurred throughout a VERY uncertain year. Many of us are wrapping up the year in debt bringing many of 2021’s financial concerns into 2022. Nationally, Canadians spent $792 on Christmas...
May 5, 2021 | Uncategorized
New Mortgage Rules Coming June 1, 2021 A New Stress Test is Coming… Earlier this month the Office of the Superintendent of Financial Institutions (or OSFI) announced that they will be increasing the qualifying rate for those seeking to buy a home with a down...
Apr 19, 2021 | Mortgage, Tips
Car Payments & Mortgage Application After your mortgage/rent payment, car payments are most often the second-highest monthly debt that Canadians incur. When calculating your affordability for a mortgage, every potential lender looks at an applicant’s TDS...
