This is not a recording. CMHC is increasing their premiums for the 3rd time in 4 years. Here’s what it will look like. Loan-to-Value Ratio Standard Premium (Current) Standard Premium … Continue Reading Coming soon…Higher CMHC premiums March 17, 2017
Bridge loans are short-term loans that bridge the gap between two different closing dates. More commonly used when an existing homeowner sells their home, and buys another home, with two … Continue Reading Bridge loans explained… your bank hates them but they are extremely useful
Today, right now, we are experiencing all-time record low fixed mortgage rates. Great news if you need a mortgage. And some of you may be thinking of locking into a … Continue Reading Should you look at 10 year fixed rate mortgages?
It’s true. I have access to this great rate. It’s around 0.20% lower than the best rate today. And you won’t see me recommending it to my clients. That’s … Continue Reading I have 2.39% for 5 yrs fixed available…but I wont sell it.
For more than a decade, I’ve been recommending Variable rate mortgages, as the product of choice. My clients have saved $thousands. It’s been a great 11 year run.. But … Continue Reading Variable rate is out, Fixed rates are in…. But, which term…?