Mortgage Matters

Keep calm and call a broker

Oct 21, 2017 / 11:00 am

Keep calm call a mortgage broker You have no doubt heard by now that major mortgage rule changes will come into effect on Jan. 1. There will be lots of talk...

Buying a rental property

Oct 7, 2017 / 11:00 am

Buying an investment property can be a daunting process and is different than buying your primary home. You may feel unsure of all the steps and what you should...

More mortgage changes

Sep 23, 2017 / 11:00 am

There isn’t much doubt that more significant mortgage rule changes are on the way, perhaps as early as Oct. 2. Canada’s banking regulator, OSFI (the...

Monster in your mortgage

Sep 9, 2017 / 11:00 am

So you have found your dream home. Congratulations! Your realtor was a great negotiator and you bought your new home for $475,000. Your mortgage is $350,000...

Before you list your home

Aug 26, 2017 / 11:00 am

If you are considering listing your home for sale in the near future, there are some things that you need to know. You may think that your first call should be...

Foreclosure? What to do?

Aug 12, 2017 / 11:00 am

You could be facing foreclosure if you have found yourself in one of these situations: You are about to miss a mortgage payment because you don’t have...

Tighter rules coming

Jul 29, 2017 / 11:00 am

Last week, The Office of the Superintendent of Financial Institutions (OSFI) proposed a further tightening of mortgage underwriting guidelines for all lenders...

Rising interest rates

Jul 15, 2017 / 11:00 am

The Bank of Canada increased the overnight lending rate by 0.25 per cent on Wednesday. The overnight rate determines what rate banks lend money to each other...

Investing in real estate

Jul 1, 2017 / 11:00 am

Buying and investing in real estate has always been attractive for those looking to generate additional income and benefit from the wealth created with...

Online discount brokers

Jun 17, 2017 / 11:00 am

Discount mortgage broker rate sites have been making an appearance online during the past few years. While these rate sites and discount mortgage brokers appear...

First-time homebuyer tips

Jun 3, 2017 / 11:00 am

If you are a first-time home buyer, then buying your first home is an exciting time, but it can also be stressful and you will have lots of questions: What...

Is your mortgage portable?

May 20, 2017 / 11:00 am

Are you thinking about moving up or perhaps downsizing? If so, there are several things you should consider regarding your financing for planning the move. You...

Buying a former grow-op

May 6, 2017 / 11:00 am

Few communities in Canada have escaped having a grow op found in their midst. Here are a few things you should know if you are considering the purchase of...

Plans that save you money

Apr 22, 2017 / 11:00 am

This is a busy time in the real estate market, and both the federal and provincial government offer resources, grants and rebates for new and current home...

4 things that can go wrong

Mar 25, 2017 / 11:00 am

Here are four things that can derail your mortgage financing even if you’ve been pre-approved by your bank or a mortgage broker. If you can avoid these...

Buying In a seller's market

Mar 11, 2017 / 11:00 am

The most recent stats from OMREB (Okanagan Mainline Real Estate Board) confirm that there is low inventory to choose from for those hoping to buy a home. This...

Mortgage renewal checklist

Feb 25, 2017 / 11:00 am

Here are nine things to consider before your mortgage renews: Have you explored all your options? Once you receive your mortgage renewal statement,...

Home buyers' plan

Feb 11, 2017 / 11:00 am

Are you considering purchasing your first home this year? If so, before March 1 could be the best time to implement this strategy, if you are thinking about...

Want to reno your home?

Jan 28, 2017 / 11:00 am

Are you living with a 1980s style bathroom? Carpet on the floor cracked tiles leaky shower old bathtub Would you love to upgrade your kitchen or add a new...

Get approval to house hunt

Jan 14, 2017 / 11:00 am

Why get pre-approved before house hunting? Before you fall in love with a home, you should know if it’s within your financial reach. The first person you...