Overcoming the Challenges to Buy a Home in Winnipeg
15th Feb 2017
It’s a challenging time to buy a home in Winnipeg especially if you’re a first-time home buyer. The federal government implemented a more stringent mortgage stress test for new mortgages in October of 2016. The new rule change requires all new mortgage applicants to pass a mortgage rate stress test for insured mortgages regardless of the […]
Read moreDetermining the Right Amortization Period
20th Jan 2017
If you’re in the market for a new home in 2017, at some point you’re going to wrestle with your mortgage amortization period. Canada has shortened the amortization period over the years but your mortgage broker can show you how this may benefit you. It’s easy to confuse the mortgage amortization period with the term […]
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