I’ve been talking with different lenders over the last week and as I said before they all have different guidelines for what happens. There are two scenario’s that have occurred in Fort McMurray, the one we all dreaded and your home is gone. The second is your home is still standing and you are unable […]
What Happens to your Mortgage in the Case of Fire Read More »
The numbers for Edmonton Housing are out this morning for January and February and it looks like Edmonton Home builders may be finally realizing that the market is a little softer than anticipated. CMHC report which I have attached to this blog shows that new home starts this year, so far, are down 1100 units.
YEG Home Builders May Be getting The Message Read More »
Interesting conversations always happen when we have a RECA audit, now called a review because audit offended some people, and this years was no exception. The conversation started around our responsibility to the borrower and what we can or can’t say to them in regards to their mortgage. The question is basically this “Do you
Is Your Mortgage Broker an Intermediary or Do They work For You… Read More »
In December, Mortgage Professionals Canada released its annual state of the housing market report and found that, on 2015, 36% of homeowners took actions to reduce their mortgage debt. While many homeowners think in terms of lump-sum payments, which are a great option, there are other ways to save money and pay down that debt
What are Canadian’s doing about Mortgage Debt Read More »
Every year that I have been in this industry we have seen an increase in the number of people using mortgage brokers to help them find the best lender for their situation. Part of the reason lies in the fact that the next generation of buyers is coming to the market and that generation has
Why are more and more people using a mortgage broker? Read More »
If you’re like most of my business clients, you’ll find yourself in a situation at some point where you need more space to do more business. You may have outgrown your current location or want to expand beyond it. Buying property could enable you to serve your customers better, move your company forward, and grow