Today, you and your spouse go looking for a new home. You’re excited because after years of scrimping and saving, you can finally afford your own place. You’ve engaged a realtor and he’s called you to say that he’s found your new home. You visit the property and while its not perfect, your realtor insists […]

THE NEW NORMAL ’Tis the season… this was no surprise here! The latest round of mortgage guidelines has been announced by OSFI, or Office of the Superintendent of Financial Institutions. As of January 1, 2018, all conventional or uninsured mortgages will have to qualify at the Bank of Canada 5-year fixed rate or the contractual […]

Many Canadians have heard the term credit score. However few know how it is used, even fewer understand how it is calculated. Your score provides lenders with a snapshot of your financial health and can range from 300-900. The higher your score the more likely you are to qualify with better rates and terms. First […]