With the federal government's changes to the housing industry coming into effect on October 17th and November 30th, it is important to let your voice be heard. Please sign this petition to signal to the federal ... Read More
Dramatic New Mortgage Rules That May Affect You
Well, when the federal government wants to drop a bomb on the housing market, they go full out. They announced changes to the mortgage rules yesterday and boy are they doozies! I will start with what I see as the most ... Read More
Bank Fees – Are You Being Charged One to Make Your Mortgage Payment?
If you ever thought a bank was working in your best interest, you may want to have a rethink. The banks have shareholders to answer to and the demand for their share price to continue to rise as well as the expectation of ... Read More
New Construction Condos, Leasing, Assignments, and the Law
This is great information from one of our fantastic lawyers, David Feld of the law firm Feld Kalia which deserves to be shared. This concerns renting out or assigning new construction condos before registration (when you ... Read More
The First Time Homebuyer Gameplan™
Is it time to stop renting or time to move away from the security of your parent's home? Have you built up some savings or have gifted funds from family members for your downpayment? As a first time homebuyer, everything ... Read More
The Purchasing Super Plan™
Purchasing a home can be exhilarating and daunting at the same time. So many things to consider with finding the perfect home or condo that meets all of your needs and mortgage financing is one of the biggest ... Read More
How to Avoid Penalty Shock on your Mortgage – Kim Gibbons featured in Yahoo Finance
As Canadian consumers become more educated and savvy with mortgage options the spotlight focuses once again on penalties and the true cost of breaking a mortgage. Here is a great article that discusses this very thing and ... Read More
TDCT quietly makes changes to their Standard Mortgage clauses – Buyer Beware
This is definitely a significant change and one that should be considered when looking for mortgage financing with TDCT. TDCT quietly changed their standard mortgage clauses earlier this year and without much fanfare..until ... Read More
Understanding Collateral versus Standard Charge Mortgages
More lenders are moving to collateral charge mortgages so it’s becoming increasingly important to understand the differences between a collateral and standard charge mortgage. TD Bank announced in October, 2010 that all new ... Read More