Is your Mortgage up for Renewal this Year?

Here are some tips to ensure the process goes smoothly and you get the best rate available(that suits your own financial situation).   Start Early: We have a system that reminds clients 6 months, 3 months and 1 month in advance via email about an upcoming renewal. We also try to followup with a phone […]

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January 1 is fast approaching, do you know how the new changes may affect you?

In October, OSFI implemented 3 new mortgage rule changes starting January 1, 2018.  Here are the changes and what it means for buyers and homeowners. 1) Qualifying Rate Stress Test for all uninsured mortgages Uninsured mortgage consumers must now qualify using a new minimum qualifying rate. The rate will be the greater of the five-year […]

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