The Canadian Mortgage App Review

The Canadian Mortgage App Review

Are you looking for an accurate, comprehensive and easy to use app to help you estimate your monthly home ownership costs? Download the Canadian Mortgage App. This app includes all essential calculations you need to purchase a home. Plus it was ranked as the #1...
New Mortgage Rules are here to stay

New Mortgage Rules are here to stay

New Mortgage Rules as of October 17th As you may have already heard, Ottawa has dropped quite the bomb on the mortgage market with new mortgage rules. Their latest attempt at taking some risk out of the country’s housing markets has put first-time homebuyers in...
Why it Pays to Use a Mortgage Broker

Why it Pays to Use a Mortgage Broker

Why use a Mortgage Broker? Today’s mortgage consumers are faced with so many different lenders, with different mortgage products and different rates than ever before.  Current mortgages can be quite complicated and you really need to work with someone, like a mortgage...
How the new down payment rules affect home buyers

How the new down payment rules affect home buyers

As you may have already heard, the government is tightening lending rules for residential mortgages. They are setting a minimum down payment of 10 per cent on the portion of home prices above $500,000. Homes purchased below the new price ceiling will remain at 5 per...