November 2017

Using Home Equity to Your Advantage

Posted on Nov 22, 2017

Canadians purchase homes for a variety of reasons. Some want the stability of owning their own home, while others also look at home ownership as an investment vehicle. No matter what the reason, the truth is that home ownership has proven itself to be a good stable investment over time, and one which many Canadians are profiting from.

While many peo...

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Answers to the questions on the upcoming mortgage rule changes in effect January 1, 2018.

Posted on Nov 08, 2017

The four questions to be answered here are:

1: Does getting pre-approved before December 31st protect me or “grandfather” me into the old rules?

2: If I get a deal approved before the Dec 31st deadline, when does the client need to complete in order to still use the old rules?

3: If I signed the purchase agreement before the December 31st deadline (i...

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