Fixed Vs Variable?
Let's circle back on this classic question when choosing a Mortgage product ... Should I go with a fixed or variable rate Mortgage? Let's provide some structure to this post with a
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Mortgage 101
Mortgage Penalties: A fundamental review
Hey! I've had this conversation twice in the past week with existing clients and wanted to update everyone on some fundamental information. 1. Mortgage penalties. [] Why. [] What. 2. Penalty formulas. [] 3
Insured Mortgage Rule Change
The Mortgage qualifying goal posts have slightly moved, again!Here's a quick history of recent rule changes:July 2020: CMHC qualifying rule change (in effect).April 2021: Uninsured qualifying rule change (effective 1 June 2021). *May 2021: Insured
Mortgage Rule Change Coming!
Another Mortgage rule change is to take effect 1 June 2021. Here's what you need to know ... What is a "stress test"?What are current Mortgage qualifying rules?What is the
Purchase Plus Improvement Mortgage
This article is how to include the cost of a home renovation into your Mortgage. FAQ below. This is a high-level list of how this program works.
Probation Is Mortgage Dating
Employer probationary periods are like a new couple going on a long date to a resort in Mexico. I had a friend reconnect with an old fling. You
#FOMO (rate holds explained)
If I'm planning to purchase a home, should I get a rate hold? Let's un-package this together. In the last 6 years, I have experienced ONE instance of time
Why Do I Need A Home Appraisal?
Why do I need a home appraisal? Read about this horrific story, and how it was resolved.
Blue Moon October: Real Estate Update
Check out this breakdown of Calgary Real Estate Board (CREB) housing data for Calgary, October 2020. Supply and demand. The overarching fundamental balance that drive price change in