New Rules Impacting Home Equity Lines of Credit in Canada Effective October 31, 2023
Introduction Canada is set to implement new rules that will have a significant impact on Home Equity Lines of Credit (HELOCs) starting from October 31, 2023. These changes are being introduced to address concerns related to household debt and ensure the financial stability of Canadian homeowners. In this blog post, we will delve into the […]
THE POWER OF A PRE-APPROVAL: How A Canmore Mortgage Broker Simplifies Your Home Buying Journey
If you’re planning to buy a home in Canmore , there’s an important step that can significantly ease the process: getting pre-approved for your mortgage. As a trusted Canmore mortgage broker, we want to highlight the significance of pre-approval and explain how it can streamline your home buying journey, saving you time, effort, and potential […]
Buying a home in 2023: First Time Home Buyers
Buying a home for the first time can be a daunting experience, but with the right knowledge and preparation, it can also be an exciting and rewarding one. Our first-time home buyers guide for Canadians covers all the essential steps in the process, from determining your budget to closing on the purchase of your new home. Follow these tips and considerations to make the process as smooth and successful as possible.
First Time Home Buyer Changes are coming
First Time Home Buyers can expect some changes to the program this spring. But will these changes actually help get you into the housing market? Daniel breaks down how the First Time Home Buyer incentive program is changing across Ontario and Canada in this quick video segment
Breaking: CMHC Announces Changes to Insured Mortgages
Canada Mortgage and Housing Corp. is toughening up its rules to make it harder to get mortgage insurance, a move that would reduce demand from riskier borrowers and keep prices in check at a time of economic uncertainty. The new criteria, effective July 1, are designed to help weed out borrowers who are less likely […]
COVID-19 Update with Treadstone Law
How is the Coronavirus affecting legal closings for Mortgages? If you’ve got an upcoming closing and are not sure how this will affect your lawyers visit on closing day check out this video. We sit down with Haris from Treadstone Law to run through the changes that have been happening since social distancing measures have […]
How the COVID-19 Outbreak is Impacting Appraisals and Closings
It’s no secret that life has shifted dramatically over the past few weeks. If you’re in the middle of purchasing or refinancing a home, you may be wondering if it’s safe to move forward — especially if you need to schedule an in-person meeting. Things have been changing quickly and in some cases dramatically here […]
