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Lori MacDonald || November 07, 2017

Don’t stress over the new mortgage “stress” test

As you probably know, the mortgage rules are changing once again, effective Jan.1, but if you’re looking to buy a home, the time to act is now.It’s expected that many federally-regulated lenders will...

Lori MacDonald || October 30, 2017

A time of great change

As you probably know, the mortgage rules are changing once again, effective January 1. The introduction of the minimum qualifying rate (stress test), this time for uninsured buyers, may be the...

Lori MacDonald || October 17, 2017

OSFI finalizes new mortgage rules, includes stress test for uninsured borrowers

Today, the Office of the Superintendent of Financial Institutions (OSFI) released revised guidelines for the mortgage industry, similar to the draft version released earlier this summer. These new...

Lori MacDonald || October 05, 2017

Good reasons to use a mortgage broker

Owning a home is usually on a list of lifetime goals. And new home buyers usually have a lot of questions. Some worry about coming up with the down payment, some aren’t sure about their credit scores,...