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The Bank of Canada has increased the overnight rate by a whopping 1%, which means the chartered banks will most ...
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Many homebuyers ask me how the new mortgage stress test rules affect them. Is the mortgage stress test just for ...
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Mortgage qualifying rules are stricter than ever before. Mortgage rates are rising, and homes are more expensive in Canada. In ...
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With inflation in Canada at its highest levels in 18 years, talk has resumed about the prospect of higher mortgage ...
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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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Mortgage #FAILS. Learn the underwriting risk factors that lenders use when evaluating your mortgage application, and the top 10 reasons ...
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Most first-time buyers lack sufficient funds to purchase their home outright and require loan financing (a mortgage) to make it ...
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Canada's mortgage stress test was designed to help ensure Canadians don’t overstep their financial means. However, there are special cases ...
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Whether shopping for a new home, have a mortgage renewal coming up, want to refinance or just want to know ...
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Mortgage pre-approval is used by lenders to “vet” borrowers and estimate spending ability for a home purchase. Seven factors determine ...
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Just because you are pre-approved does not mean you are good to go and can make a firm offer with ...
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Discovery of errors on a credit report at the last minute could have cost homebuyers the home they wanted if ...
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Multi-offer situations (bidding wars) typically rear their ugly head in a heated market, when a desirable home in a good ...
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