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What the new mortgage regulations mean for buyers
Tuesday, November 29, 2016 @ 2:31 PM
Posted By: Chris Pudifin
 
What's been described during the past few weeks as a 'sledgehammer crackdown' on the Canadian housing market, the new mortgage regulations, some of which came into effect last month, are aimed at strengthening the country's housing finance system 'to help protect the long-term financial security of borrowers' and 'to improve

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Category: Real Estate

Tags: mortgage,rules,Canada,real estate

New down payment rule now in effect
Wednesday, March 9, 2016 @ 9:15 AM
Posted By: Chris Pudifin
 
If you're in the market for a new home this spring, a recent change to the rules surrounding insured mortgages might affect you. The new rule came into effect on February 15, 2016 and will affect buyers shopping for homes with price tags over $500,000.  Homebuyers will now have to

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Category: Real Estate

Tags: down payment,insured mortgages,real estate

Pre-approval isn't cast in stone
Tuesday, November 17, 2015 @ 10:45 AM
Posted By: Chris Pudifin
 
Getting pre-approved for a mortgage is a great first step in buying a new home. Meeting with your bank or broker first will help you identify what you can afford and keep your search within your means. But sometimes even a pre-approved mortgage will fall through. Your mortgage approval is

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Category: Real Estate

Tags: pre-approval,real estate,mortgage

Make your home buying experience blissful!
Thursday, October 29, 2015 @ 10:01 AM
Posted By: Chris Pudifin
 
Ready to take the next step as a couple and buy a home together? Here are four tips to homebuyer bliss: 1. Make a budget together and discuss your finances Seems like simple advice but doing things together really is the key to many things in life, not just buying

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Category: Real Estate

Tags: real estate,mortgage,homebuyer
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