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First Time Home Buyers

Boc Sept 7th Rate Announcement
Bank of Canada Rate Hike Announcement
After yet another Bank of Canada rate increase, we can expect the banks’ prime rate to increase commensurately. Here is ...
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July 13th Bank of Canada Announcement
July 13th Bank of Canada Announcement
The Bank of Canada has increased the overnight rate by a whopping 1%, which means the chartered banks will most ...
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Mortgage Stress test - Everything you need to know and more
Mortgage Stress test – Everything you need to know and more
Many homebuyers ask me how the new mortgage stress test rules affect them. Is the mortgage stress test just for ...
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8 Ways the Federal Budget 2022 Affects You
8 Ways the Federal Budget 2022 Affects You
Federal Budget 2022 - Mortgage and Real Estate Impacts. Last week’s Federal Government 2022 Budget included a much-improved roadmap for ...
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Three Ways To Beat The Mortgage Stress Test
Three Ways To Beat The Mortgage Stress Test
Updated July 18, 2022

All major banks are now offering five year fixed rate mortgages at greater than 5%. And the ...
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Rate Hikes Coming - Here's What To Do
Rate Hikes Coming – Here’s What To Do
There seem to be three big things on everyone's minds these days: The incredible pace at which real estate everywhere ...
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When Do You Need a Co-Signer For Your Mortgage?
When Do You Need a Co-Signer For Your Mortgage?
Mortgage qualifying rules are stricter than ever before. Mortgage rates are rising, and homes are more expensive in Canada. In ...
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What Is The Impact Of Rising Interest Rates On Mortgage Pre-Approvals?
What Is The Impact Of Rising Interest Rates On Mortgage Pre-Appro...
With inflation in Canada at its highest levels in 18 years, talk has resumed about the prospect of higher mortgage ...
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First Time Homebuyer Mortgage Checklist
First Time Homebuyer Mortgage Checklist
When you are making plans to buy your first home, it's impossible to know what you don't know. This first ...
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What's The Best Mortgage Rate?
What’s The Best Mortgage Rate?
Published: • Reputable mortgage specialists do not believe the number one factor in selecting a mortgage is the ...
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Ready To Buy A Home? How To Assemble A Great Support Team
Ready To Buy A Home? How To Assemble A Great Support Team
Everyone needs a home-buying support team that includes a real estate agent, mortgage specialist, and real estate lawyer. As you ...
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Your Down Payment
Why You Need A Down Payment Strategy
Having the right down payment strategy can save you a lot of money in the long term, and pay back ...
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Mortgage Lingo You Need To Know
Mortgage Lingo You Need To Know
Glossary and explanation of important mortgage terms, with links to relevant articles that discuss the nitty gritty. Links to related ...
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Mortgage Pre-Approval FAQs
Mortgage Pre-Approval FAQs
Mortgage pre-approval is essential to knowing what your affordability range is before you make an offer to purchase a home ...
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Why Is My Mortgage Application Declined?
Why Is My Mortgage Application Declined?
Mortgage #FAILS. Learn the underwriting risk factors that lenders use when evaluating your mortgage application, and the top 10 reasons ...
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First Time Homebuyer? The Government Wants To Give You Money.
First Time Homebuyer? The Government Wants To Give You Money.
How to get your share of government financial incentives available Canadian first time homebuyers. There's lots available, but in most ...
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