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
Real Estate Agent Kickbacks and How They Can Harm You
Does your Real Estate Agent refer your mortgage directly to a bank or bank Mortgage Specialist? Chances are, if they do then they are getting paid to refer your business. Are you aware of that? If not, then you should ... Read More
A Mortgage is More Than Just a Rate – Restrictions, Features, and Myths
Looking for the absolute rock bottom lowest mortgage interest rate? Gone are the days when consumers are just looking for the lowest mortgage rate. OK, let's face it - some still do but many who are searching for mortgages ... Read More
Mortgage Prepayment Penalties Explained
Fixed rate mortgage penalties, variable rate mortgage penalties, bank penalties versus non-bank penalties - understanding the differences of each is crucial when choosing your mortgage. When clients take ... 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
Kim Gibbons in Feb/Mar issue of Moneysense Magazine – Financing Renovations
Please click here to read the article "Home Renovation Reality Check" Kim Gibbons, ” Your Mortgage Superhero ®” Mortgage Broker FSCO lic. ... Read More