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Tougher Rules And Higher Rates: What’s Next For The Mortgage Market? The rate increase itself is not the issue. It’s a combination of everything at once. It all began last October, when federal Finance Minister Bill Morneau announced several new regulations aimed at ensuring that Canadian borrowers only take on mortgages they can afford, including enforcing…

You came to know about that shocking word Radon, and now you are having panic attacks wondering if it is present in your home or at the school your child attends. People will go to the extent of checking each and every thing in the house for radon presence. You might have also come across…

Last week, we were contacted by Point2, owner of one of the top 5 real estate portals in Canada – Point2 Homes, to offer some insights and advice on how to foster the best relationships between agent and home buyer. The interview is now published on the Point2 blog which offers agents valuable marketing advice…

Uniform rules for all insured mortgage Starting on October 17, 2016, all new mortgage borrowers with a down payment of less than 20% and seeking mortgage insurance (high-ratio mortgages) will be required to qualify at the posted rate for a conventional mortgage for a five-year term (presently 4.64%) or the contract rate, whichever is higher.…