CMHC’s new underwriting criteria

11.15.2020posted by: Walter Mota
What changed and what it means for home buyers The Canadian Mortgage and Housing Corporation (CMHC) has implemented new underwriting criteria (eligibility requirements) to apply for homeowner transactional and portfolio mortgageinsurance. Introduced this past summer, these new adjustments from CMHC come as a precaution while the Covid-19 pandemic continues to impact consumers in the real…
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The Ultimate Summer Home Maintenance Checklist

06.27.2020posted by: Walter Mota
Everything you need to do to keep your home and yard in tip-top shape this summer. With the change of each season comes a new set of maintenance tasks for your home. Now that summer’s here, you’ll want to prepare your home and yard for the onslaught of summer heat. From air-conditioner upkeep to hanging a clothesline,…
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What do the new CMHC rules mean for homebuyers?

06.05.2020posted by: Walter Mota
Getting mortgage default insurance is about to get harder after Canada’s federal housing agency announced stricter lending standards on Thursday.The Canada Mortgage and Housing Corp. (CMHC) says it will no longer allow homebuyers to use borrowed funds for their down payment, will require a higher credit score from at least one borrower and will lower…
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Introducing Air Miles Reward Miles! Exciting and Exclusive News…

05.28.2020posted by: Walter Mota
We welcome our new partners! Get Miles when you Sell or Buy your next home! You can also now get Miles for your referrals and periodically during select Open House bonus offers! As part of our continuing efforts to appreciate and thank our current client friends & new clients for helping us achieve and celebrate…
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Upward and Onward During COVID-19

05.21.2020posted by: Walter Mota
The real estate market is still active in Winnipeg and seller confidence is growing as new listings continue to contribute to lower inventory numbers that are typical of the spring market.Phase 2 implementation of the Manitoba economy starts June 1st and is an encouraging sign overall. I remain readily available to all of you…my current…
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