The federal government is looking to make home-buying more affordable for millennials – and one potential solution would have a noticeable impact on mortgage payments. Finance Minister Bill Morneau said in January there are “multiple things we’re looking at in order to think about how we can help in that regard,” referring to home-affordability issues […]

Many of my clients and friends regularly ask me when or if they should consider a refinance. Here are 4 quick questions that I ask of them. The answer they give me, will very quickly tell me if we should be taking a deeper look at the mortgage refinance options available to them. What do […]

When you’re preparing your taxes, you’ll want to have your mortgage statement ready. Here is what you need to know. 1. Lenders send statements out by Feb. 28 at the latest – if you haven’t received it by the first week of March, contact your mortgage provider (asking for it earlier may result in an […]

Self-employed individuals are quickly becoming one of the most common clients that we handle. Daily we have successful business owners come into our offices who enjoy the perks of being an entrepreneur. One of these includes fantastic write-offs that allow them to bring their income down to a low tax bracket. However, this benefit can […]

I am often asked if it’s hard to compete with the banks. While they may offer competitive rates at times, right now we have much better rates than the banks. However, we have certain advantages which allow us to blow them out of the water most of the time. 1. More Choice – banks are […]

Whether you are buying your first home or have been a home owner for years, when you are looking at purchasing a property, finding the best mortgage solution for your specific situation can be an intimidating experience. Working with a licenced mortgage broker will ease that tension, along with knowing the basics of what lenders […]

The recent data sure has changed the tone of rates in the coming months. The prime rate – what variable rates are based on, while a few short weeks ago was expected to rise three times in the next 18 months now with the data on the slowing of the market and uncertainty in projects […]

Let’s face it, the memories we create with people are what last a lifetime. Have you ever sat with someone who said – I wish I could live a longer to have more stuff? Or would they rather have time with loved ones? Here’s a few ideas to make a memory. 1. What are you […]

As was universally expected, the Bank of Canada’s Governing Council held overnight interest rates steady at 1-3/4% as it heralded a weaker outlook for the Canadian economy. The dovish tone in today’s Bank of Canada statement is in direct contrast to its attitude when it last met on October 24. Since that time, the global […]

Since we know that lenders can back-end insure our mortgages and that this specifically makes these mortgage investments more attractive to investors, what does it mean for borrowers (every day people like you and me)? To recap, any mortgage that is inexpensive for a wholesale lender to get financing for allows the lender to pass […]