Tag: mortgage refinance

Understanding mortgage rates

August 9, 2018 | By | Add a Comment

This is why mortgage rates are suddenly way more complicated If you’ve been shopping for a mortgage lately, you’ll have noticed that rates can be all over the map. That’s because new mortgage rules have made the mortgage pricing matrix is much more complicated, and online mortgage quotes are less reliable. That’s why it’s important […]

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New mortgage stress test for 2018 – why you might want to buy or refinance *now*

October 20, 2017 | By | 2 Comments

Purchase – or refinance – before the rules change in January If you’re looking to buy with a down payment of more than 20 percent, or if you’re considering refinancing, then you might want to do so before January 1st.  Why?  On October 17, the Office of the Superintendent of Financial Institutions (OSFI) released new […]

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Falling deeper into debt?

January 18, 2016 | By | Add a Comment

Debt is on the rise…  Yes, again It seems like this is the time of year when we hear a lot about household debt.  In one bankruptcy blog, the author writes that while a lot of focus has been directed at the real estate market, in 2015, consumer credit – i.e. non-mortgage debt – grew […]

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Let’s resolve… to clear these holiday bills and start building wealth!

January 22, 2012 | By | Add a Comment

The holiday hit Most Canadians suffer with their highest personal debt load in January, when the “holiday hit” arrives, and our somewhat scary credit card statements let us know just how much we spent on the festive season. It’s especially hard if you already had a burgeoning debt load before the holidays. This year, make […]

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