How to Handle Renovation Stress AND Refresh Your Space – New Trends – July 2018

07.18.2018posted by: Walter Mota
Reprinted from PILLAR TO POST HOME INSPECTORS – POSTNOTES – JULY 2018 HOUSE SENSE – RENOVATION STRESS A bit of planning in advance will help keep you sane during a renovation. Careful planning will not only allow you to hold onto your sanity during the upheaval but will also ensure you get the best bang…
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Making Sense of Mortgage Insurance – What’s the Deal?

03.05.2018posted by: Walter Mota
CMHC / GENWORTH FINANCIAL INSURANCE For most people the hardest part of buying a home, especially a first home, is saving the necessary down payment.  If you have less than 20% of the purchase price to put down, you will be required to purchase mortgage insurance through your lender.  Mortgage insurance protects your lender against…
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New Mortgage Rules – Coming Soon

09.11.2017posted by: Walter Mota
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…
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DreamHaven Realty Inc’s Walter Mota Offers Expert Advice to Agents via Point2

10.12.2016posted by: Walter Mota
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…
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***New Rules for all Insured Mortgages-Effective October 17***

10.04.2016posted by: Walter Mota
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.…
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