by bsmith | Feb 23, 2025 | How I View The World, Rant, Real Estate, Uncategorised
Regardless of your political views, I think we can all agree that the election of Donald Trump is going to bring “uncertainty” to the Canadian real estate market, both from a global perspective and with possible trade tariffs. The world as we know it is going to...
by bsmith | Feb 23, 2025 | Mortgages, Uncategorised
The last several months have seen a change in Canadian mortgage rules to stimulate a stagnant housing market. We have summarized below:1. The threshold for mortgage insurance has risen to a $1.5 million purchase price. 5% down on the first $500,000 and 10% down on the...
by bsmith | Dec 6, 2023 | Mortgages, Uncategorised
2023 was a bad year for mortgage renewals. 2024 and 2025 will be worse.If you experienced a mortgage renewal from a 5-year fixed rate mortgage in 2023 you would have experienced about a 20% monthly increase in payments. This may have resulted in some pain; a...
by bsmith | Feb 24, 2022 | Uncategorised
If you own a home, have a mortgage, or want to purchase or sell a home, the upcoming higher interest rates are going to impact you in some capacity. This is just the start of what is about to come in 2022 so now is the time to review and take action if required.1....
by bsmith | Jul 24, 2018 | Casb Management Group Inc., Uncategorised
Guest blog: Bruce McLennan, McLennan & Company Limited This is a common question and one that we often hear: What is the difference between a consumer proposal versus bankruptcy? Last week, we talked about your options in securing a mortgage if you file for...
by bsmith | Mar 16, 2018 | Uncategorised
Using the services of a mortgage broker helps with both Purchasing a home is an exciting time. A lot of research goes into the purchase process, but we find many clients spend little time researching the best way for them to pay for the property and simply accept the...
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