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Mortgage Rules Changing Again!
Here we go again. The Office of the Superintendent of Financial Institutions had proposed new guidelines for mortgage underwriting back in March and final Residential Mortgage Underwriting Practices and Procedures were released to financial institution…
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Vancouver Mortgage Broker Responds to OFSI Report Part 1
The OFSI recently published an amended report regarding proposed changes to mortgage lending policies in Canada. In the report, they made the […]
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Special Legal Fee Mortgage Promotion
I have news of an exciting promotion available to visitors to my website. Contact me today, and quote the code LEGAL0612 in […]
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3.09% for 5 year fixed!
Rates have come down with some of my lenders this past week.
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Time to Renew?
With a blink of an eye, five years is over and you’re starting to get the notices reminding you that your mortgage is up for renewal. You may have conveniently gotten your renewal papers in the mail from your lender offering you a rate that’s lower tha…
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Self-Employed Borrowers Could See Tougher Times Ahead
Recent studies have shown that self employment is on the rise, making up approximately 15% of the workforce in Canada. However, the trend is making it more difficult for the self-employed and other unique prospective mortgage clients to get a mortgage….