INDUSTRY NEWS – October 5, 2018

INDUSTRY NEWS – October 5, 2018

Back in 2013, the B-20 rules as underwriting guidelines for residential mortgages came into effect. The rules were put in place as a direct response to the financial issues in the United States caused by “poor mortgage lending practices”...
FALL IS THE PERFECT SEASON

FALL IS THE PERFECT SEASON

Today more than ever before families have less wiggle room with their finances. Fall is the perfect time to review your financial wellness. Making a few changes now will give you a few months to capitalize on the changes before the end of the year. Some things to...

Important News

Effective July 22, The Bank of Canada has lowered the benchmark rate used to qualify your mortgage from 5.34% to 5.19%. This means you can qualify for a larger mortgage.

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