Speaking of Money… It’s Financial Planning Week

Speaking of Money… It’s Financial Planning Week October 17-23 is Canada’s third annual Financial Planning Week and as part of its campaign to get more Canadians engaged in their financial wellbeing, Financial Planning Standards Council (FPSC®) hit the streets to...

What has happened to the Variable Rate Mortgage?

What has happened to the Variable Rate Mortgage? It is dying a slow death!   A couple of weeks ago I was able to get a client prime less 0.85%, today that is not the case!  Tonight one of the last lenders is moving up to prime less 0.15%, which is considered a good...

Word On The Street

Have you recently heard that to buy a home in Canada now you need to have a 10% down payment? Fortunately for home buyers that is NOT true. Since the Canadian Governmentmost recentlychanged the mortgage rules in March of this year, there have not been any subsequent...

What is a Private Mortgage?

A private mortgage is a mortgage that is given by a private person as opposed to a bank, mortgage company or trust company providing you with the funds.  As a mortgage broker I bring clients and lenders together.  Ideally my first choice is to but a client with a...

5 Tips to Get Approved for a Mortgage

If your home ownership fantasies have been rudely awakened by loan officers denying your application, it’s time to take control of your situation and learn what you can do to turn that rejection into an approval. What Are Your Options? Everyone’s financial situation...