30 Mar

New Mortgage Insurance Premiums

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If you’re purchasing a home with a down payment that is less than 20% of the purchase price, your mortgage must be insured with CMHC (or Genworth). The mortgage default insurance premiums increased on March 17, 2017. Conclusion: Your mortgage will be more expensive. See below for the rate changes currently in effect. Contact me […]

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13 Jan

Now is the Time to Get Pre-approved for Your Mortgage!

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So 2016 was an exciting year in the mortgage world! The problem is that we mortgage professionals really hate it when things get exciting in our world. Between the economy and the federally mandated mortgage rule changes and their ensuing fallout, it is now more important than ever to get a solid pre-approval in place. […]

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12 Jan

Startling Gap Between the Lifestyle Expectation and Reality of Canadians 40+

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Over the last few years, we have seen many retired Canadians outliving their retirement savings and requiring a financial solution to help them live the rest of their retirement. In the media alone, there is a constant outpouring of articles relating to retirement planning, preparing enough savings for retirement, as well as numerous articles around […]

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