RECENT BLOG POSTS
The recent stock market plunge has resulted in a rush to invest in the bond market. That means there will be pressure before and lowering yields on bonds. Lower rates should impact mortgage rates in a positive way before buyers. This will be particularly true should the stock market continue to b...
10/16/2014
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Genworth departs from CMHC...allows for more flexibility with self-employed and additional insured properties. Lets see if Canada Guaranty Insurance follows. The effect on the rental and investment market cannot be underestimated. As fewer lenders are enthusiastic about mortgage one or more prop...
05/09/2014
The law says a landlord can only collect first and last month's rent and not secruity deposit from a persepective tenant right? Maybe not. #rental #Ontario Is it legal now to receive more than first and last month's rent and a security deposit? http://www.thestar.com/business/personal_finance/2...
05/03/2014
Now only those self-employed who can prove income will be permitted to obtain an insured mortgage.Generally insurance is required buyers with less than 20% of the purchase price as a down payment. Another rule affecting all buyers is that you cannot have more than one CMHC insured home owner in...
04/28/2014