This Monday, September 16th , the Liberal government unveiled Proposed Reforms to the Canadian mortgage market aimed at increasing accessibility for homebuyers. The changes include expanding the availability of 30-year amortizations for insured mortgages and raising the cap on these insured products to $1.5 million from the previous $1 million limit. Under the new rules, … Read more
I thought I’d share some recent news on First Time Buyers incentives, as there has been some significant change in the last weeks. These incentives were the topic of my last Newsletter, which you can find archived here. First to the good news from the Provincial Government of BC, There have been major changes to … Read more
I thought I’d share some recent news on First Time Buyers incentives, as there has been some significant change in the last weeks. These incentives were the topic of my last Newsletter, which you can find archived here. First to the good news from the Provincial Government of BC, There have been major changes to … Read more
It’s that time of the month again. The US has released their CPI (Consumer Price Index) Statistics for January 2024. The Inflation indicators came in hotter than expected, which means that the much anticipated Bank of Canada rate cuts may have to wait and we may even see fixed mortgage rates creep up in the … Read more
Welcome to Post for Canadian first-time homebuyers! I’m thrilled to guide you through this exciting journey towards homeownership. In this edition, we will explore some select buyer incentives that can significantly impact your buying experience. From understanding the nuances of the First-Time Home Buyer Incentive (FTHBI) to navigating the Newcomer Housing Programs, I’m here to … Read more
Year-End Mortgage Wrap-Up: Insights and Outlooks As we approach the end of 2023, I wanted to take a moment to reach out and reflect on the year that has passed. It has been a year filled with both challenges and opportunities in the Canadian housing market, and I am grateful for the trust and confidence … Read more
Elevate Your Financial Appeal: Your Key to Better Mortgage Terms In the quest for the best mortgage renewal terms and rates, an often-overlooked strategy is ensuring your financial profile is attractive to competing lenders well ahead of the renewal date. This is where early discussions with your me, you broker become invaluable. These discussions don’t … Read more
Hi Everyone, I have recently been coming across a large number of clients in this situation so I thought I’d dedicate a blog entry to it. Wanting to buy a house and willing to move, but tied to their current job. Like many of my generation (and others), the large gains to be made from … Read more
I thought I’d dedicate a blog post to this topic as I have many inquiries from clients looking into doing this as well as there being great difference between lender policy. Why Not Rent Out Your Apartment For Long Term Gain? I am contacted regularly by second time (move up) buyers who want me to … Read more
[big_title]Do you LOVE to cook?[/big_title] While I’m not a great cook, I enjoy it much more when cooking with the best equipment. That is why I am giving away Cutco Knives. These high quality – lifetime guarantee knives will surely be a welcome addition to your kitchen. I have owned many other brands of knives … Read more
