Questions to Ask Your Mortgage Lender

Questions to Ask Your Mortgage Lender

If it’s time to finally begin the search for townhomes for sale in Etobicoke, ON then it’s time to look for a mortgage lender that’s right for you. Choosing a mortgage lender that can give you the best deal for your current situation can make all the difference in how...
Tough Mortgage Rules Limit Options For GTA Homebuyers

Tough Mortgage Rules Limit Options For GTA Homebuyers

For would-be GTA homebuyers that have been on the proverbial fence about purchasing a new home, understand that the rules of buying has gotten a lot more complicated. It’s not as simple to buy a home today as it was just a few years ago, and it’s already causing...
New Mortgage Rules Means Stress Tests For Canadians

New Mortgage Rules Means Stress Tests For Canadians

New Mortgage Rules Means Stress Tests For Canadians In the last 10 years, mortgage rules have been tightened approximately six times. If you thought a seventh time wasn’t coming, prepare for an unfortunate surprise. Currently, borrowers with as much as a 20% down...
How Do Interest-only Mortgages Work?

How Do Interest-only Mortgages Work?

How Do Interest-only Mortgages Work? Upon reading the title, rather than wondering how interest-only mortgages work many of you are probably thinking aloud, “how ‘can they’ work?” It’s a solid question – after all, borrowers are traditionally supposed to pay at least...