More Mortgage Changes for Canadians

The Canadian government released more details today about the implementation further mortgage changes across the country. The mortgages changes are going to affect those Canadians making purchases over $500,000, and […]

Pay more in taxes or qualify for the lowest rate?

As anyone who is self-employed will attest, their goal, and that of their accountant, is for them to personally pay as little tax as possible. I’m […]

Did the mortgage market do what we thought it was going to do in 2014?

As we all know, predictions and forecasts are all well and good but they usually aren’t worth the paper they are printed on. While I might […]

What can we expect from new B-21 Guidelines for Lenders?

This past April, the Office of the Superintendent of Financial Institutions (OFSI) released the draft guidelines for Residential Mortgage Insurance Underwriting Practices and Procedures; or more […]

Jim Flaherty’s legacy

We are all saddened and shocked to hear of the news of Jim Flaherty’s passing and our condolences go out to his family, friends and colleagues. […]

Are more changes coming?

It’s quickly becoming old news – that the Bank of Canada (BoC) is maintaining its overnight rate at 1%. In its last announcement, on October 23rd, there […]

More changes for the Canadian Mortgage industry?

As a borrower, you are judged on a few things: Debt service ratios – how your total monthly debt payments compare to your gross monthly income […]