All the documents you will need to qualify for a mortgage
You got your pre-approval, you picked out your first home at a builder’s sales centre, and now it’s time to get your mortgage. No big deal right? Think again. Depending on your financial situation and employment, it could be a challenge.
New housing supply solutions you may not have heard before
A group of British Columbia real estate organizations recently made recommendations to the leading federal parties to help address housing issues in the province, and there are a couple ideas that seem like they might work in the GTA too.
What I think of the federal parties’ housing promises
I’m feeling optimistic with all leading federal parties prioritizing housing issues leading up to the October 21 election. Remember, do your research before heading to the polls!
Federal parties outline ways to improve housing in Canada
The Toronto Real Estate Board recently announced that they are “encouraged” by the federal parties’ focus on housing issues, but there’s a bit more to the story than meets the eye.
How to prepare for final closing on your pre-construction condo
Through the stages of development of your pre-construction condo, perhaps the most crucial is the transition from interim occupancy to final closing. The most important of the moving pieces to have in place during this transition is your financing.
The gig economy should change mortgage lending practices
The Canadian Real Estate Association launched REALideas recently in anticipation of the federal election. One of the points they made is that mortgage lending needs to be updated to better serve those participating in the gig economy.
To all the first-time buyers out there, do not lose hope
I want people to be hopeful about the future, and for many, that involves feeling confident in their home ownership goals. A home is a foundation for your family. It’s a place to grow and to love.
Millennials more likely to fib on their mortgage application
Would you ever fib on a mortgage application? Have you ever? Findings from a new Equifax survey suggests that Canadian millennials are more willing to do so than the general population.
Should Canada allow a 30-year amortization for insured mortgages?
A new report by Mortgage Professionals Canada discovered that a 30-year amortization for an insured mortgage is the preferred option over the new First-Time Home Buyer’s Incentive.
